Dwight Johnston

Credit Union Industry Commentary

Hawkish. Dovish. Does It Matter?

The year's first economic reports are out, and at least one is good news for credit unions.
Credit Union Industry Commentary

Yields Hit Big Levels

There will most certainly be more liquidation to come unless the market narrative changes dramatically.
Credit Union Industry Commentary

Bond Traders Bet On The Wrong Pony

News from the European Central Bank is not what traders needed or wanted.
Credit Union Industry Commentary

It Was Only A Dream

November might have been a nightmare, but today’s Treasury rates aren’t far off 2015.
Credit Union Industry Commentary

The Normalization Of Rates In 2017

What would “normal” rates look like in the coming year, and what events might prevent rates from getting there?
Credit Union Industry Commentary

For The Bond Market, It’s Been A Good Run

The lack of liquidity in the bond market has been an ongoing problem, and now the dam seems to be breaking.
Credit Union Industry Commentary

Election Nerves Leading Traders To Dream Big

Traders are doing little besides watching the newswires for election news.
Credit Union Industry Commentary

Earnings Surprises And Worries For Traders

Once the dust settles, why U.S. traders will go back to watching the German market.
Credit Union Industry Commentary

Rev-Up For 2017

What do jobs, houses, and autos say about the road ahead for credit unions?
Credit Union Industry Commentary

China Makes Headlines Again

In September, China reported a sharper drop in exports than was expected. What does that mean for the bond market?
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