Bonds Analysis & Opinion

The bond market has been the star performer for 2014 with the 20+ Year Treasury Bond ETF (TLT) up nearly 6%. In January I discussed the bond chart I was watching and highlighted the positive...

The bond market is in trouble.As we all know, the Federal Reserve has been the biggest driver of bonds since the financial crisis. The central bank lowered its benchmark interest rate to near zero,...

Weekly CFTC Net Speculator Report Large Speculators bearish positions decline for 2nd straight week 10 Year Treasuries: Large futures market traders cut back on their overall bearish positions in the...

I continue to believe the bull market in bonds is over and these will trade lower over the coming years, however small rallies within that downtrend will appear from time to time. Should this continue...

In January, Danish investors net purchased foreign bonds, while foreign investors net purchased Danish shares and net sold Danish bonds. In particular, foreign investors net sold DKK-denominated...

That's what the bond market is saying. The chart below shows the the CRB Index (an inflation measure) with the Treasury Inflation Protected Bonds (TIP) as the blue area. The TIP’s are the Bond...

Schatz resistance at 110.62/63 today then a selling opportunity at 100.65/66 with a negative double top expected.Immediate support is 110.57/56 but below 110.54 today risks a retest of good support at...

Bobl managed to retest the 126.96/99 February highs, and then pull back sharply. This has left a negative double top pattern and could lead to a test of support at 126.65. Below 126.60 then sees this...

Gilts got very close to our target of 110.70 and topped at 110.66. We backed away quite sharply but met support at 110.01/98 which should hold the downside today. However, if we continue lower look...

It is time for the first tap auction in the SGBi3109 since it was introduced a few weeks ago. Swedish BEIs have been trading higher than European peers (Germany) but after the CPI data release...

How does the old saying go; 'Don't judge a book by its cover'? These patterns reflect that the 10-year yield and Commodities Index (CRB) are both pushing a little higher, above resistance lines. Does...

Starting on Wednesday, February 19th (depending on market conditions), Kommuninvest will introduce a new loan (SE0005705621) matching SGB1047 and maturing on 1 December 2020. The coupon rate is set at...

Talking Points US Net Long-term TIC Flows (DEC) (prior rev. -$28.0) (survey $30.0B) ACTUAL: -$45.9B US Total Net TIC Flows (DEC) (prior rev. -$13B) ACTUAL: -$119.6B Data indicates some of the weakest...

Weekly CFTC Net Speculator Report Large Speculators positions continue to be at most bearish level since December 31st 10-Year Treasuries: Large futures market traders added to their overall bearish...