Bonds Analysis & Opinion

The major market surprise of 2014 so far has been the extent of investors' appetite for yield in the developed fixed income markets. It has been quite spectacular. The Eurozone in particular has been...

A quick look at long rates and the Dollar, before proceeding to the precious metals:LONG BONDS (ARCA:TLT) The 1-year TLT chart (Barclays 20+ year Treasury Bond Fund) below has recently been even...

Weekly CFTC Net Speculator Report Large Speculators net bearish positions fall to a total of -114,425 contracts 10 Year Treasuries: Large futures market traders and speculators decreased their...

Many were surprised by the strength of the US April payrolls report yesterday. However, this should not have been a surprise. As discussed here and here, the signals pointing to US labor...

The no-brainer, can’t-miss trade of 2014 was supposed to be betting on higher interest rates. So how’s that working out for you? Apparently, not so good for Wall Street’s...

The most fatal illusion is the settled point of view. Since life is growth and motion, a fixed point of view kills anybody who has one - Brooks Atkinson With another Fed meeting and prospective taper...

Ten-Year Government of Canada Bond held the low last week of 130.16/12 as expected and recovered to close above 130.42/39. If we can hold this support and break above 130.58 we should target...

Bobl resistance at 125.76/77 could hold a move higher again today but shorts need stops above 125.80. A break higher then targets April highs at 125.90/91. Be aware that a break higher from here could...

In the current state of gradual and uneven recovery of EM assets, we favour a rotation from foreign to local currency fixed income instruments in many emerging markets, especially in countries where...

Along with the highly publicized loss of leadership from big tech, the US stock market is now in danger of losing another, and possibly more important leader, the piggies or banking sector.While the...

Bund made it to 144.40 but not as far as Friday's 144.48/51 high. We did then see some profit taking as expected towards support at 144.15/12, bottoming at 144.21. Look for a test of 144.15/12, then a...

This Great Graphic, composed on Bloomberg, shows 10-year European peripheral yields since the beginning of last year. Italy is in white. Portugal is depicted by the yellow line and Spain, the green...

Bund beat 144.17 to hit our 144.43/48 target and topped almost exactly here at 144.51. We could see some profit taking with immediate support at 144.28 then 144.15/12 which should hold the downside...

Bobl beat 125.53/54 but failed just below 125.68/70 and sold off back to 125.53. Failure to hold 125.53/51 today targets 125.41/40. A good chance of a bounce from here but longs need stops below...