Bonds Analysis & Opinion

Weekly CFTC Net Speculator ReportLarge Speculators bearish positions jump to a total of -155,174 contracts10 Year Treasuries: Large futures market traders sharply increased their overall bearish bets...

Over the past month High Yield (junk) bonds (SPDR Barclays High Yield Bond ETF (ARCA:JNK)) have lagged the performance of Investment Grade (high quality) bonds (iShares Investment Grade Bond Fund...

This Great Graphic, made on Bloomberg, shows the yield of Greece's 10-year bond over the past five years. The big break in early 2012 was the private sector debt restructuring. As recently as Q4...

Gilts retested March highs at 110.25/32 as we become overbought short term. We topped exactly here with a good chance of profit taking midweek. We look for a test of support at 110.00/109.95. This...

Bund beat 143.54/50 for a retest of resistance at 143.70/74. We topped almost exactly here at 143.79 and we should struggle here again today as we become overbought short term. However on a break...

Prices of the U.S. 10-Year Treasury Note jumped sharply higher following the NFP miss last Friday, pushing above from 124.2 to a high of 125.0 in quick fashion. Even though 125.0 round figure...

A quantitative run through of the Swedish fixed income market, starting with the Riksbank and money markets before moving on to government and mortgage bonds. To Read the Entire Report Please Click on...

Treasury prices have been steadily declining ever since Yellen's gaffe where she unwittingly suggest that higher interest rates will come sooner than when market expected. She has since tried to...

Gilts gapped lower breaking 109.28/23 but bounced just 4 ticks above the 100 day moving average and last week's low at 109.08/06. We are oversold short term but meet resistance at 109.39/41. A break...

Bund held 143.27/26 on the topside to hit our buying opportunity at 142.88/85 but we ran over to 142.72. We are oversold short term so a recovery is possible to 143.00/05 today. We should struggle...

Bobl opened below 125.31/33 to hit our lower target of 125.05/02 and bottomed exactly here. We meet resistance at 125.19 with a high for the day possible but above here a selling opportunity at...

Schatz hit support at 110.35/34 and bottomed exactly here. Immediate resistance at 110.38 then a selling opportunity at 110.42/43.Support at 110.35/34 could hold the downside again today but below...

The tap auction in the June 2017 bond takes place this week (SGBi3107). We were a bit surprised that the Debt Office decided to tap this bond, as the volume in the new 10Y bond (June 2025) is still...

Gilts opened lower but above Monday's low of 109.23 to beat 109.48 and reach resistance at 109.63/65. We topped exactly here but if we continue higher today, look for 109.75/76 and the 200 day moving...