Bonds Analysis & Opinion

As I’ve said ad nauseum, interest rates accelerating higher could be the defining theme of 2014. Since bottoming in July 2012, the ten-year T-note rate has more than doubled. Freakishly, real...

I am a chartist. I do not attempt to understand macro economics. The charts provide possibilities and probabilities, not predictions of certainties.The German Bobl (5-Yr Bond) is forming a H&S top...

The Fed’s Zero Interest Rate Policy is on thin iceI am not an economist. I look at charts. When the charts send a clear signal I take it as an indication of what MIGHT happen. I deal with...

As the world warms itself around the comforting glow of Twitter Inc, (TWTR), Facebook Inc, (FB), Google Inc, (GOOG) and all the other red-hot stocks of 2013, I’d like to quietly point out that...

Weekly CFTC Net Speculator Report10 Year Treasuries: Large trader and futures market speculators added to their overall bearish positions in the 10-year Treasury note futures after decreasing bearish...

Bund tested support at 139.75/70 & bottomed at 139.63. If we continue lower look for a possible retest of 139.45 December lows. A break lower today would then target 139.29/26 & may be as far...

Bund held 140.45/50 resistance again and spiked lower to support at 139.80/75. We bottomed almost exactly here at 139.69 and returned to the recent range of 140.05/00 to 140.45/50. Only above 140.60...

Nearly every writer, speaker, analyst and prognosticator has convinced market participants that bond yields can only go higher from here. The rationale? U.S. economic growth is expanding, employers...

The GoodAfter the bond market sell-off in June and July, which saw unprecedented bond redemptions, it's the intermediate- and longer-maturity bond yields that are the most attractive they've been in...

There is a rising belief that when the Federal Reserve begins to taper, interest rates will start to rise.  It is believed that as rates rise due to stronger economic strength, the stock market...

Bloomberg reminds us that “Treasuries were the world’s worst-performing bonds this year before the Federal Reserve starts a two-day meeting today to decide whether to reduce its...

Bund tested 140.45/50 resistance again but unable to break above 140.60. Only above here is more positive and can target 140.90/00. A high for the day is likely but if we continue higher look for a...

In the last seven months, the S&P 500 has rallied 7%. Is all good in the neighborhood? Is this a big rally? Not when you compare it to the rally in yields! When it comes to interest rates, they've...