The short answer is probably not. Certificates of deposit (CDs) are safer and have a major yield advantage, even after factoring in the tax benefits of municipal bonds. There are two main reasons ...
It always bugs me a bit when a market event that happens for one cause is attributed to another cause merely to advance an easy narrative. The awful 5y TIPS auction Thursday and subsequent flush of ...
Bund shot higher from 145.35 to 146.36. We need to hold above 146.22/24 to allow a test of the April highs at 146.54. Above here a test of the all time highs towards 146.89 should follow. A break of ...
Ten-Year Government of Canada Bond broke 136.53/59 but failed just below the next target of 136.77/79. Support today at 136.45 then 136.28. Failure here however presents a buying opportunity at ...
Bund back below 145.92 to test and hold 145.55/53 support as expected. However the outlook has turned negative now and a break lower is likely today for 145.23. Any further losses could target the ...
The ten-Year Government of Canada Bond held 136.53/59 highs as expected and dipped to 136.18 as our first target and support. We bottomed at 136.10 and could fall below here today to fill the gap at ...
There is keen interest in how Japanese investors are going to respond to the new, more aggressive, Bank of Japan monetary policy. Although disappointed that last week's Ministry of Finance data showed...
Ten-Year Government of Canada Bond broke 135.96 to test 136.39/42 resistance and above here today a retest of 136.53/59 highs looks likely. A break higher is possible and should target 136.77/79 then ...
CNBC broke the story last Wednesday that PIMCO’s Bill Gross was buying Government bonds (see story here) Why does he like bonds now? Could part of the reason be the patterns and bond sentiment...
Ten-Year Government of Canada Bond tested support at 135.71/67 & just held on as hoped but longs here need a stop below 135.60 today for 135.46/44 as further weakness could be expected. A bounce ...
U.S. corporate CDS are tightening to new lows, as the Fed continues to pump liquidity into the market. The JPMorgan CDX indices which measure spreads for the "on-the-run" CDX (and include rolling into...
What the Bank of Japan is doing is not unprecedented. Rather it is the pace of its asset purchases that is striking. It will do in two years what the Federal Reserve took five years in terms of ...
On Thursday the Debt Office will tap SEK1bn of the 2017 bond SGBi3107. We still like the shortest linkers best. So far this year, the shortest linker SGBi3105 has, together with SGBi3102, yielded the ...
Ten-Year Government of Canada Bond tested support at 135.71/67 and just held on as hoped but longs need a stop below 135.60 today for 135.46/44 as further weakness could be expected. A bounce from ...
Ten-Year Government of Canada Bond broke 135.97/93 but held above better support at 135.71/67. Look for a low here today if we fall this far but longs need a stop below 135.60 for 135.46.Resistance at...
Ten-Year Government of Canada Bond drifted back from 136.53/59 as expected to hit our first target of 135.97/93 and held exactly here. However we could remain under pressure today for a test of better...
What's NewI've updated the charts below through Friday's close. The S&P 500 is only 1.08% off its all-time high set on April 2.The yield on the 10-year note closed Friday at 1.72%, which is the ...
| SPX 500 Futures | 1,654.15 | +4.15 | +0.25% | |||
| NQ 100 Futures | 3,000.90 | +8.65 | +0.29% | |||
| US 30 | 15,294.50 | -12.67 | -0.08% | |||
| DAX | 8,351.98 | -178.91 | -2.10% | |||
| FTSE 100 | 6,696.79 | -143.48 | -2.10% | |||
| Japan 225 | 14,911.50 | +427.52 | +2.95% | |||
| US Dollar Index | 83.92 | +0.14 | +0.16% |
| Gold | 1,386.35 | -5.45 | -0.39% | |||
| Silver | 22.453 | -0.055 | -0.24% | |||
| Copper | 3.304 | -0.014 | -0.43% | |||
| Crude Oil | 94.15 | -0.10 | -0.11% | |||
| Natural Gas | 4.273 | +0.018 | +0.42% | |||
| US Cotton No.2 | 81.69 | -1.74 | -2.08% | |||
| US Coffee C | 130.88 | +2.08 | +1.61% |
| Euro Bund | 144.54 | +0.22 | +0.15% | |||
| Euro BTP | 115.36 | -0.94 | -0.80% | |||
| Euro BOBL | 126.361 | +0.005 | +0.00% | |||
| UK Gilt | 117.51 | +0.01 | +0.01% | |||
| US 2 YR T-Note | 110.24 | 0.00 | 0.00% | |||
| US 10 YR T-Note | 131.20 | -0.09 | -0.07% | |||
| US 30 YR T-Bond | 142.80 | -0.27 | -0.19% |
| Central Banks | Interest Rates | Next Meeting | |||
|---|---|---|---|---|---|
| FED | 0.00%-0.25% | Jun 19, 2013 | |||
| ECB | 0.50% | Jun 06, 2013 | |||
| BOE | 0.50% | Jun 06, 2013 | |||
| SNB | 0.00% | Jun 20, 2013 | |||
| RBA | 2.75% | Jun 04, 2013 | |||
| BOC | 1.00% | May 29, 2013 | |||
| RBNZ | 2.50% | Jun 12, 2013 | |||
| BOJ | 0.10% | May 22, 2013 | |||
