Bonds Analysis & Opinion

Buy SGBi3107 outright @ -1.55% or against SGB1051 in an BEI spread @ 122.5bp.The Riksbank is determined to make progress in reaching its inflation rate target. The sooner the better is clearly their...

Best reading of the cycles suggests yields ended a cycle on 1/30 (1.650%). Then we saw a rally to 2.259% which we have labelled as wave (W). It can be sub-divided as a WXY Elliott wave structure when...

I see #1 and #4 as the most likely triggers of a rise in Treasury yields.U.S. Treasury bonds (10-Year and 30-Year) topped out above 15% in late 1981, and have traced a sawtooth pattern down ever...

Never before has holding bonds denominated in national currencies been more risky and less rewarding. That may seem like a provocative statement, but it’s not hyperbole. It’s the reality...

Fed language on rate hikes changed slightly but mixed views on US growth and labor market still Treasury prices. Moreover, ECB’s bond buying program seems to implicitly help Treasurys, which...

Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note CFTC Futures data shows speculators bearish bets fell for 2nd week10 Year Treasuries: Large 10-year treasury note futures traders and...

The big economic news today will start the statement from the Federal Open Market Committee at 2 PM ET and followed by Janet Yellen's press conference 30 minutes later. The economic press has been a...

The ultra-strong U.S. dollar is making its presence felt throughout the globe and is on the verge of wreaking havoc on a much larger scale. A premature Fed rate hiking cycle could be the catalyst to...

BondsThe most crowded trade on Wall Street, the globe, or a beach in Brazil is the Bond Yield Chasing/Price Appreciation trade. This sector or asset class is an absolute bubble, the magnitude of which...

Review The initial reaction in the European fixed income market to the ECB QE launch has been significant. The long end has led the move and we have seen an aggressive curve flattening with 30Y...

Before I detail any sort of “strategy” (and please note that the use of the word “strategy” and the lack of the words “mechanical trading system guaranteed to generate...

In the movies, an edgy musical score is an effective tool that warns the audience something really bad is about to happen. Like the shrill screech in Psycho, certain sound effects forebode impending...

Draghi’s Latest Pledge Pushes Yields Closer To Zero (excerpt) Among the most breath-taking moves attributable to central bank intervention, of course, is the plunge in bond yields, especially in...

As we move deeper into 2015, we find our economy and financial systems still in quite a mess. We’re approaching the end of a dark road the “policy makers” have been leading us down...