Reading slope before you blame the long end
When the Thai government curve steepens, the story is not always a long-end selloff — start with the front and the auction calendar.
Journal
Field notes on yield curve shape, auction weeks, and reading fixed-income markets without rushing the narrative.
What an auction tail is quietly telling you
Auction tails are not a full curve theory, but they are a useful temperature check on how new government supply sits on the yield curve.
Carry, roll-down, and the patience of a mid-curve holding
Duration decisions often hide a quieter question: whether the yield curve still pays you to wait in the sector you already own.
Preparing a duration stress sheet your risk team will actually use
Stress sheets fail when they list dramatic moves nobody believes. Build twists from the curve segments your book truly owns.