Category: US Bonds
The analysis published under this category are as follows.
Tuesday, August 24, 2010
Bill Gross Pushing for MORE Bailouts for PIMCO Bond Fund / Interest-Rates / US Bonds
By: Mike_Stathis
Two years ago when Fannie Mae and Freddie Mac were collapsing, former Goldman Sachs CEO and U.S. Treasury Secretary Henry Paulson repeated the promise of “no more bailouts,” so as to calm worried Americans who feared they would be on the hook for hundreds of billions of dollars of toxic mortgages held by these GSEs.
Sunday, August 22, 2010
U.S. Treasury Bond Market Continues to Power Ahead / Interest-Rates / US Bonds
By: Levente_Mady
The long bond futures moved up another couple of points as the fundamental backdrop looks to be increasingly dire. In spite of the bullish bias of equity options expiry week, stocks struggled mightily last week as the stocks to bonds investment flows gained momentum. We are back to the risk versus safe haven trade as the US Dollar and bonds benefitted from their perceived safe haven status.
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Wednesday, August 18, 2010
U.S. Treasury Bonds Inverse Chart, If This Were A Stock.... / Interest-Rates / US Bonds
By: Guy_Lerner
See figure 1 a weekly price chart. The 40 week moving average (i.e, red line) is heading higher, and prices are trading above key pivot points, which are areas of support (buying) and resistance (selling). In essence, this is a "beautiful" chart with lots of momentum (i.e., note the breakout gaps). If this were a stock, the analysts and pundits would be all over the "breakout" ---blah, blah, blah.
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Tuesday, August 17, 2010
This Market Just Flashed a Huge Warning Signal / Interest-Rates / US Bonds
By: DailyWealth
Tom Dyson writes: David Rosenberg calls it the smoking gun...
Rosenberg and I just spoke on the phone. You might not know his story, but David Rosenberg is a Wall Street legend.
Thursday, August 12, 2010
Hey DeLong! U.S. Treasury Bond Bubble Prices Do Not Justify Bubble Prices! / Interest-Rates / US Bonds
By: Brady_Willett
The U.S. government bond market is the last of the great asset bubbles. We know this, first and foremost, because no one in any position of power in America is willing, and perhaps more precisely able, to enact the painful policies required to ever repay current/future obligations - and yet the market does not, as yet, seem to care.
Thursday, August 12, 2010
Gold and U.S. Treasury and Mortgage Bonds Naked Shorts As Liquidity Machine / Interest-Rates / US Bonds
By: Jim_Willie_CB
The article of July 22nd on "Smoking Guns of USTreasury Monetization" hit more desks, raised more dust, and brought more attention than expected to the grand fraud in progress using USGovt debt securities. The glaring actions continue without any hint of legal prosecution but deep foreign resentment among creditors as publicity mounts. Nobody appreciates counterfeit of the instruments held in great volume as supposed savings. The only counterfeit of honorable origin is of Microsoft products, since mostly stolen and surely not the output of in-house innovation.
Wednesday, August 11, 2010
Front Running the Fed Treasury Bond Purchase Announcement - Who Knew? / Interest-Rates / US Bonds
By: Mike_Shedlock
Curve Watchers Anonymous is paying close attention to the following snip from the Bloomberg article Pimco Calls Fed Rate Policies ‘Good for Risk Assets’
Read full article... Read full article...The central bank said in a separate statement that it will announce a purchasing schedule today and that its buying will be concentrated “in the two- to 10-year sector” of the maturity spectrum, though it will also buy other maturities as well as Treasury Inflation Protected Securities.
Monday, August 09, 2010
U.S. Treasury Bond Market Continues to Power Ahead / Interest-Rates / US Bonds
By: Levente_Mady
The bond market continues to power ahead. The long bond futures tested the 130 level for the first time in 20 months and look set for a slight breather heading into the long auction cycle next week.
While stock investors seem to be oblivious of the mounting evidence of a significant deflationary loss of economic momentum (or maybe they just choose to ignore it on purpose), the Federal Reserve will get its chance to vocalize its concerns following their Policy Meeting scheduled for next Tuesday.
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Friday, July 30, 2010
New Upleg for TLT Treasury Bond ETF / Interest-Rates / US Bonds
By: Mike_Paulenoff
This morning's surge in the iShares Barclays 20+ Year Treas Bond (NYSE: TLT) reflects greater-than-expected economic deceleration from Q2 to the revised (higher) Q1, as well as disappointing figures for personal consumption, which has triggered a fierce bout of short-covering.
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Wednesday, July 28, 2010
Investors Beware of Municipal Bonds as Defaults Soar / Interest-Rates / US Bonds
By: Money_Morning
Martin Hutchinson writes: Of the speculative excesses that misguided monetary policy and a prolonged recession has caused, the one that poses the most danger to investor wealth is the financial bubble in state and local municipal bonds.
Municipal bonds - usually referred to as "munis" - are very popular portfolio plays because of tax advantages that, in effect, enhance their rates of return. There's also an allure because of their local nature: Investors can invest in specific bond issues that provided the money for projects such as schools, highways, bridges, hospitals or housing that actually affects the community in which the investor lives. That makes them a very tangible investment.
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Sunday, July 25, 2010
Surging Stock Markets Push Bond Yields Higher / Interest-Rates / US Bonds
By: Levente_Mady
The bond market was off slightly last week as a surging stock market knocked yields 3-6 basis points higher for the week. The bond futures traded up to new 18 month highs on Wednesday before settling back a couple of points during the last two trading sessions before the weekend. While stocks and commodities finished a positive week, the bond market continues to scream double dip and deflation. With the 2 year yield just a snick north of one half percent the bond market is starting to tell us that the Fed is increasingly likely to stick with its Zero Interest Rate Policy for the foreseeable future. Until the next wave of credit concerns hits the market, bonds will continue to have a positive fundamental backdrop.
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Thursday, July 22, 2010
Make the Trend Your Friend with Market Bond ETFs / Interest-Rates / US Bonds
By: Ron_Rowland
Recent economic data is pointing toward a second wave of recession … and maybe even outright deflation. One key consequence: Long-term interest rates are low and getting lower.
Today I’m going to tell you about some exchange traded funds (ETFs) that I think can thrive in this short-term, falling-rate environment. First, let’s take a look at some evidence the economy is entering the dreaded “double-dip” part of the cycle …
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Wednesday, July 21, 2010
China: The US Is "Insolvent and Faces Bankruptcy" / Interest-Rates / US Bonds
By: Jesse
The common thought amongst even reasonably educated and economically literate Americans is that China is 'stuck with US Treasuries' and has no choice, so it must perform within the status quo and do as the US wishes, or face a ruinous decline in their reserve holdings of US Treasuries.
Wednesday, July 21, 2010
U.S. Treasury Bond Fraud and Debt Monetization / Interest-Rates / US Bonds
By: Jim_Willie_CB
A significant feature of fiat money systems is the privilege for the custodian to commit fraud, big fraud, gargantuan fraud, even counterfeit. Fannie Mae might function as the clearinghouse for numerous massive role programs with $trillion fraud behind each, hidden from view, especially since it was conveniently nationalized. Follow some other fraud schemes, right out in the open. Surely such recount only touches the surface, but these shenanigans are advanced forms of fraud. They are smoking guns of USTreasury fraud and counterfeit, with strong whiffs of monetization. Much more monetization is to come, fully endorsed and sanctioned. Other clever techniques are being used, given the Quantitative Easing has officially been halted.
Wednesday, July 21, 2010
U.S. Treasury Bonds and the Fading Economic Recovery / Interest-Rates / US Bonds
By: Gary_North
Some commentators on the U.S. economy and the European economy are predicting that there will be "quantitative easing" soon. This is a euphemism for central bank inflation.
I have been reporting for months that the present policy of the Federal Reserve System is to deflate the money supply. The chart of the adjusted monetary base since early March indicates this. Similarly, consumer prices have remained flat or close to it this year.
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Monday, July 12, 2010
Marc Faber Says U.S. Bonds Worthless Confetti - Video / InvestorEducation / US Bonds
By: Videos
Marc Faber says U.S. bonds worthless confetti, favours gold.
Saturday, July 10, 2010
U.S. Treasury Bonds Safe Haven Could Sink / Interest-Rates / US Bonds
By: Casey_Research
By David Galland, Managing Editor, The Casey Report writes: This morning I read an interesting story in Soundings magazine. It recounted the final voyage of the S.S. Morro Castle, purportedly one of the safest ships afloat back in 1934 when it regularly transported revelers on junkets between New York and Havana. Then, on the night of September 8, a series of unfortunate events occurred that ended with the ship washing up on the New Jersey shore the next day, close to half of its 300 or so passengers dead.
Thursday, July 08, 2010
The Case For U.S. Treasury Bonds Rally / Interest-Rates / US Bonds
By: Guy_Lerner
With the economy softening and the Federal Reserve unable to provide a positive catalyst in the form of lower rates, the bond market has taken up of the slack producing lower yields. For example, mortgage rates have dropped over the past month enticing homeowners to refinance. It may not clear the glut of homes on the market or get us back to the old days of your house as an ATM machine, but lower rates do help. This appears to be a trend that will continue especially since Washington and the Fed no longer have the political will to expand the deficit.
Wednesday, July 07, 2010
You're Crazy to Hold Government Bonds... Here's a Safer, Growing Yield / Interest-Rates / US Bonds
By: DailyWealth
Dan Ferris writes: Investors are scared.
During the week of June 23-June 30, the American Association of Individual Investors Survey indicated investors are much more fearful than usual. On average, 31% of individual investors are bearish. These days, 42% of investors are bearish. On average, 39% are bullish. Today, just 25% are bullish.
Wednesday, July 07, 2010
Municipal Finance Pathologies Come to a Head / Interest-Rates / US Bonds
By: Fred_Sheehan
Discussions about municipal finance generally assume three absolute conditions. First, the principal and coupon of municipal bonds are guaranteed: "Municipal bonds don't default," according to trusted experts. Second, the guarantees are backed by the taxing authority of the state or municipality. Third, accrued pension benefits are guaranteed.