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Tag Archives | Bonds

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BONDS: Rally then a Break or Just a Big Break

Overnight Treasuries spiked downward well ahead of the BOJ policy decision which might suggest that the trade was moving to factor in a US hike. However, Treasuries recovered probably in the wake of the BOJ news and more likely because the OECD came in and cut its growth forecasts and that would seem to notch […]

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Today Could be a Watershed Moment; Better Growth or No Growth?

Overnight economic news propagated global economic slowing fears even if global equities were generally showing up-beat action. We think that stocks are expecting a Goldilocks result from payrolls which would mean that the economy is either “not as weak as feared” or it is “growing but not at an overly discernible rate”. Therefore Treasuries might […]

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Bond Trend Remains Up Despite Favorable Global Equity Action

Global equities were mixed overnight with the majority of markets trading higher overnight and surprisingly that action wasn’t overly negative toward US Treasuries. In fact concerns toward ABENOMICS were knocked down overnight following Japanese election results that gave the ruling coalition a landslide victory. Furthermore calls for the UK to cut interest rates were seen […]

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Bond Bulls Have Control but Momentum is Quickly Waning

In retrospect Treasuries have held ground impressively over the last several trading sessions especially when one acknowledges the downshift in overall market anxiety that has been brought on by the recovery in global equity markets. However, the ability to hold near the recent highs in the face of a tremendously overbought technical condition also suggests […]

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Shock Over Brexit Slams Risk-Appetites to Start. Focus Turns to Central Banks for Support?

Daily Interest Rate Commentary September bonds and notes are showing bullish outside day reversals into new contract high territory to start. Shock regarding an unexpected UK referendum in favor of a Brexit injects a great deal of uncertainty into global markets and fuels safe-haven support for Treasuries. An added level of safe-haven demand came with […]

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Early Nod Goes to Bond Bulls, but Overbought Technicals a Limiting Force Ahead of Fed Meeting

US Treasury markets grinded higher during the overnight and initial morning hours, benefiting from safe-haven flows across the globe. While upside action late last week may have seemed over down in pricing-in a delay in a Fed interest rate hike, global slowing and uncertainty surrounding the EU referendum, softer Chinese economic data over the weekend […]

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