Playback speed×Share postShare post at current time0:00/Paid episodeThe full episode is only available to paid subscribers of Navigating The MarketSubscribe to watchTreasury Bill Issuance and Volatility Could Become July’s Biggest HeadwindsMichael J. KramerJun 29, 2026∙ Paid21ShareThis post is for paid subscribersSubscribeAlready a paid subscriber? Sign inNavigating The MarketSubscribeAuthorsMichael J. KramerRecent PostsVol Up, Correlations Up, Stocks Up, Dispersion Down3 hrs ago • Michael J. KramerThe Dispersion Unwind May Still MatterAug 7 • Michael J. KramerPayrolls Miss As A Shrinking Labor Force Becomes The Real Story - Advanced TopicsAug 7 • Michael J. KramerWages Are The Thing To Watch In Tomorrow's Jobs ReportAug 6 • Michael J. KramerHigh Yield Isn’t Confirming This RallyAug 5 • Michael J. KramerSemiconductors Lead The Rally Aug 4 • Michael J. KramerMega-Cap Tech Returns...Aug 3 • Michael J. KramerA Flat Tape Hiding Massive Dispersion, And The Long End Breaks Out Jul 31 • Michael J. Kramer