FlowBank

1140 days ago

German 10-year bund yield still negative but closing gap with Treasuries #EURUSD

The narrowing yield spread is EUR/USD -positive

#Bonds #Forex
German 10-year bund yield still negative but closing gap with Treasuries #EURUSD

1140 days ago

Foreigners are still buying US debt but own a smaller percentage of the total

While foreign governments / investors continue to buy Treasuries - they are not keeping pace with the new issuance. 

#Bonds #Macro
Foreigners are still buying US debt but own a smaller percentage of the total

1141 days ago

Add TIPS to the list of markets distorted by the Fed

"Fed’s Insatiable TIPS Buying Is Distorting Inflation Indicators" Fed lifted $1.2b TIPS today, cranking up growing influence in the market TIPS % vs. nominals as Fed TIPS holdings in circulation Careful reading 'breakevens' as THE reflation indicator source: @EddBolingbroke / Bloomberg

#Bonds #Macro
Add TIPS to the list of markets distorted by the Fed

1142 days ago

Yield curves steeper across the world

Australia and New Zealand leading the pack, Japan at the back..

#Bonds
Yield curves steeper across the world

1142 days ago

Treasuries now looking a lot more appealing to Japanese investors

If you're an FX-hedged Japanese investor 10-year Treasuries and Italian bonds now yield about the same. Who has the greater default risk - US or Italy ?

#Bonds
Treasuries now looking a lot more appealing to Japanese investors
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