Bonds Analysis & Opinion

With the markets closed on Monday for the annual “Independence Day” holiday, the technical analysis from the past weekend’s missive still holds. As I stated: I discussed the...

Bund first support at 166.90/86 but below here targets 166.74 then support at 166.64/60. Further losses however target minor support at 166.42/40 then a buying opportunity at 166.23/20. Longs need...

“Sometimes it is good to have reminders of the mistakes you’ve made.” ~ Brian Bosworth, “The Boz”, ESPN’s 30-for-30If there is one trade that I haven’t done a...

Weekly Large Trader COT Report: 10 Year US Treasury Note 10 Year Treasury Note Non-Commercial Positions: Large 10-year treasury note futures traders and speculators decreased their overall bearish...

Despite a massive post-Brexit recovery rally in the global equity markets that should have calmed investors, we've instead seen another flight to safety into U.S. Treasuries, even as the 10-year yield...

It has been reported that about $10 Trillion of sovereign debt “yields” negative interest. Assume total global sovereign debt is about $60 Trillion.Therefore, about one-sixth of all...

Brexit has crashed the Italian banking system. Italian banks crashed -22% on Friday, and then fell another -9% on Monday. The -31% plunge has pushed Italian banks down to the lowest level since the...

Brexit has crashed German bund yields. Current rules prevent the ECB from buying bonds that yield less than -0.40 percent.An estimated 800 billion euros of German bonds are not eligible for the EBC's...

On June 14, the 10-year German bund yield traded briefly below zero for the first time. It was an inauspicious record but one that defines the contradictions at the center of all this economic and...

The closer we slip to 131.69, the more attractive I believe bonds are as a long position. Of course, I am not touching a thing until this Brexit insanity is done.

ECB rules say QE bond purchases must be weighted according to size of the economy. That means German bonds are the preferred issue.The rules also stipulate a floor interest rate of -0.4%. Most German...

As income-oriented investors continue to scramble to find decent yields, many are being enticed towards long-term bonds.Don’t be one of them. While the yields are tempting enough, they’re...

10 YearShort term Elliottwave structure suggests that cycle from 3/16 peak, i.e. 2.00, has ended with wave W at 1.518. Rally from there is unfolding as a double three where wave (w) ended at 1.62 and...

To no one’s surprise, the Fed left rates unchanged at their June meeting. Their statement contained the following analysis of the U.S. economy: Information received since the Federal Open Market...