Bonds Analysis & Opinion

U.S. 10-Year Treasury Note futures with new contract and cycle low. Resistance @ 124.20, 124.40, 124.60. First support @ 123.80T-Note futures, daily chart: Original post

One of the striking ironies of our modern economy is that government bonds are considered safe-haven investments, while Gold is a “barbarous relic” to be avoided at all costs. Since...

The general election in Sweden points towards a change of government from the centre/right "Alliance" towards the Social democratic and Green Party coalition supported by the Left party. We doubt we...

U.S. 10-Year future bear phase to extendWe stated in our last report to clients that “we see downside pressures to still aim lower Friday and through mid-September to the 124-00 retrace level...

Weekly CFTC COT Net Speculator Report | U.S. 10-Year Treasury Note: Large Speculator 10-year note positions saw decreased bearish levels 10-Year Treasuries: Large futures market speculators...

The Pimco High Yield fund (PHDAX) for a period of time around from 1997 to 1999 and 2005 to 2007 found it difficult to move higher, creating a series of level highs. At the same time it created a...

Headlines • Slightly bearish tone in credit markets this week. • Full throttle ahead in the primary markets. • New methodology for banks flagged by Moody’s. • High regulatory...

The interest rate on the 10-Year Treasury Note has moved up a little since the beginning of September. That’s been a reversal of course from this year’s trend. Prior to now, interest...

When one looks at the yields on very short-term U.S. Government debt, yields on the 2-Year and 5-Year notes are up a big percentage over the past three years.Since 2011, the yield on the...

Strategically Shorting BondsI have been shorting the U.S. 10-Year Treasury strategically the last 6 months, buying the oversold yield conditions right before the employment report ramps up yields. It...

High Quality Liquid Assets (HQLA) is a term that now applies to the implementation of the Liquidity Coverage Ratio (LCR) in the Basel III Rule. This highly technical mouthful of acronyms and rules...

“If saving money is wrong, I don't want to be right!” - William ShatnerIn a world where bonds and stocks have correlated in an unusually high way, any kind of risk trigger has been...

We've made the case before (see here) that for all the pomp and circumstance, Fed policy over the last three decades has done very little to deviate yields from what became a genuinely symmetrical and...

Large Speculator 10 year note sentiment flips back to bearish levels U.S. 10-Year Treasuries: Large futures market traders and speculators turned their overall net positions back into bearish...