explore | Grilled Cheese

Bloomberg: US #stockfutures are higher on the final day of a bruising week. The #Nasdaq has shed 3% since Monday as #investors grappled with an #AI rotation, a sharp rebound in #Treasuries and hot #inflation.
#markets

3-Month Treasury: at the top of its 52-week yield range (100.0% of range). Now yield 4.28% (+2.0 bp today).
https://mercatusdata.com/bonds/3m/
#3M #Treasuries #bonds

$ZN_F is up 0.7 points at 105.58, already 1.64 of the 0.43 point day its options price. The past 30 days delivered 0.31 points a day. Positive dealer gamma tends to damp swings as long as price holds over 104.53, the flip 2.45 priced days down.

#bonds #treasuries #futures

Hot CPI jolted rates higher; the reversal underscores fragile risk sentiment.
Sep CPI: 3.7% y/y vs. 3.6% est. The 5Y hit 5.15% before falling 10bp Oct. 15; the 10Y eased to 5.1183%.
Watch Fed repricing and >$24B in planned October buybacks. #Treasuries #CPI

3-Month Treasury: 52wk position 97.0% of range. Now yield 4.26% (+1.0 bp today).
https://mercatusdata.com/bonds/3m/
#3M #Treasuries #bonds

$ZN_F realized vol over 30 days is 4.35% against 6.23% implied, so options charge for a 0.41 point day against the 0.29 delivered. Today's 0.16 point rise is 0.38 of that priced day. Core PPI and Core Retail Sales on Oct 15 fall inside the 30 days these options cover.

#bonds #treasuries #futures

with mega caps like #NVDA & #GOOGL issuing long-term #bonds with a high rate against the largest companies on the planet, the #USGOV for the first time has to compete for investor Cash when they issue #Treasuries.

This is the problem with #TaxCutsForTheRich combined with unbated spending. #Fail

3-Month Treasury: 52wk position 95.5% of range. Now yield 4.25% (+2.0 bp today).
https://mercatusdata.com/bonds/3m/
#3M #Treasuries #bonds

Williams cools rate-path fears: one 2026 hike may be appropriate; no 2027 hike currently seen.
10Y yield fell 2.51bp to 5.219%; 30Y fell 3.42bp to 5.565%. AI demand and energy remain inflation risks.
Watch Sep CPI (Oct. 14) and Fed (Oct. 28). #Fed #CPI #Treasuries

Options on $ZB_F price a 0.82 point day, and the 103.49 gamma flip sits 0.28 of that below 103.72. Today's 0.56 point gain is wider than the 0.23 point cushion. Above 103.49 dealer hedging dampens moves, below it hedging adds to them. CPI prints Wednesday Oct 14.

#bonds #treasuries #futures

“Governments today are purchasing fewer #Treasuries, with worries over America’s swelling #debt and #geopolitics two contributing factors. Instead, the savings pools are often in private hands and shifting to a narrow set of other traded #assets like #corporate #stocks and #bonds …”

XRPL Ranks 6th for Tokenized Asset Value – What the Number Misses
Oct 12 2026 04:41 UTC
XRP Ledger ranks sixth with $5.05B in tokenized asset value. RWA.xyz’s 9.8% distributed figure adds vital context.
#xrp-ledger #tokenized-assets #rwa-xyz #distributed-value #treasuries #ondo-finance

Market Intelligence Outlook Report: October 12, 2026

⚖️ A $725 Billion Infrastructure Buildout Forces Capital Into Pristine Collateral As Long-Duration Fiat Debt Implodes

#Au79Macro #Macroeconomics #Treasuries #Inflation #Energy $BTC.X $TAO.X $PAXG.X

martyau79.substack.com/p/12oct2026-...