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Tag Archives | Interest Rates

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The Forward View from the Fed is the Focus not Today’s Hike

The Asian economic calendar started out with the Bank of Japan’s quarterly Tankan manufacturing survey which came in slightly below forecasts while December Chinese new loans posted an increase from November’s reading and that sets the stage for a record amount of new Chinese loans for the year. Also out overnight was October Japanese industrial […]

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Choppy Bond Action Today but Data Might Favor the Bears Today

Treasuries remain mired in a recent range bound by 162-29 and 161-21 despite an active flow of political and economic news. Favorable Chinese economic data overnight was probably countervailed somewhat by Euro zone data but in the end the international economic condition would seem to favor Treasury bears. However, the market will see a flurry […]

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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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BONDS: A Temporary Correction Off a Temporary Optimism in Equities

Not surprisingly Treasuries are under moderate liquidation pressure this morning and that corrective action is enhanced by the historic rally into last week’s highs. However, overnight the Treasury markets saw deflationary UK January RPI readings and a significantly disappointing German February ZEW expectations result. In addition to slack foreign data overnight the Treasury markets probably […]

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RATES: Risk-on Vibe & Strong Equity Showing Provide Negative Tilt Ahead of US Data

December Bonds and Notes grinded marginally lower during the initial morning hours, with eroding safe-haven demand from a strong showing in global equity markets. Additionally, safe have demand also came under pressure following German ZEW investor expectations data that came in stronger than expected and a 50 point bounce in the December S&P 500 from […]

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