US Bond Market Amidst Interesting Dynamics

posted in: Credit, Economy, Technicals | 0

The US bond market is in the thick of interesting dynamics. The Fed plans to reduce its bloated balance sheet – meaning less demand for treasury notes and bonds – even as foreigners are buying more and the US budget … Continued

10-Year T-Yield Caught Between Increased Demand Of Late From Foreigners And Imminent Tapering

posted in: Credit, Technicals | 0

Bond bears likely view the imminent tapering of T-notes/bonds as a tailwind to their outlook but not foreigners’ recent increased purchases of these securities. Bond bears are probably not happy how things seem to be unfolding in the supply-demand dynamics … Continued

Going By Prior 3 Iterations Of QE, 10-Year T-Yield’s March High Could Prove To Be Important In Current QE

posted in: Credit, Economy, Technicals | 0

On a 12-month basis, the US budget deficit may have peaked, but at the same time the Fed is also getting ready to taper. In the past, the 10-year peaked mid-way through QE. From this perspective, the March high of … Continued