Bonds Analysis & Opinion

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...

Gilts have trend line support at 109.90 then Fibonacci support and last week's low at 109.80/75. Any longs need stops below 109.68 for a move towards 109.49/48. If this does not hold the downside look...

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...

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...

Weekly CFTC Net Speculator ReportBearish positions decline to a total of -145,865 contracts. 10 Year Treasuries: Large futures market traders decreased their overall bearish bets in the 10-year...

Mergers And Acquisitions Have Weakened Balance Sheets One of the many tenets on Wall Street is that debt investors are often a step or two ahead of stock investors when it comes to identifying slowing...

In this week's auction of SEK1bn, the June 2022 bond, SGBi3108, will be tapped. Since the last auction at the beginning of this month, short-end linkers have suffered somewhat after the...

Portugal auctioned 750 million euros ($1.04 billion) in 10-year bonds on Wednesday at an average yield of 3.58 percent in its first auction since April 2011 as a full exit of its bailout program...

Weekly MOF data shows Japanese investors have been sellers of foreign bonds in 11 out of the 15 weeks reported so far this year. The total outflow from foreign bonds year to date has been -$53.5 bln,...

Weekly CFTC Net Speculator Report Large Speculators bearish positions increase to a total of -162,278 contracts 10 Year Treasuries: Large futures market traders added to their overall bearish bets in...