Gordon T Long Global Macro Research | Macro-Technical Analysis ANALYTICS DRIVERS – YIELD UnderTheLens – MARCH A BOND MARKET REVOLT! The Bond Market has begun revolting as the “Bond Vigilante’s” and Foreign Investors react to a new US Administration’s planned policies of heavy borrowing, without an accompanying credible economic growth plan. Treasury investors are […]
THE FED MUST CUT RATES, TO LIFT ASSET PRICES, TO WARD OF A LOOMING RECESSION MATASII RESEARCH ANALYSIS & SYNTHESIS: It can’t be any clearer that the Fed finally realized the magnitude of their problem in Q4 2018 and quickly and immediately reversed course! This chart suggests it may have been too little, too late!! […]
MAJOR INDICES UPDATE – 10Y UST ‘TNX’
AS LONG AS THE YIELD CURVE SPREAD REMAINS THIS CLOSE TO ZERO, POWELL IS ON HOLD! A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-RESEARCH & PUBLIC ACCESS ) READERS REFERENCE MATA: DRIVERS – YIELD SOURCE: 02-23-19 – Ed Yardeni – “Bonds: Doing the Unexpected” MATASII SYNTHESIS: The Bond Vigilantes model correlates the 10Y UST bond yield with the y/y […]
CRUDE OIL POINTS TO NEAR TERM INTEREST-RATE PEAK A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-RESEARCH & PUBLIC ACCESS ) READERS REFERENCE MATA: DRIVERS – YIELD 11-09-18 – KimbleCharting – “Crude Oil Points To Interest-Rate Peak” MATASII TAKEAWAYS: I suggested that crude oil could be peaking in the chart above on 5/25/18 as crude was testing its 50% retracement level at (2). Recent crude […]
GOLDMAN: CLOSES OUT “TOP TRADE” UST SHORT, BUT STILL SEES YE 3.25% & 3.6% IN 2019 — SOURCE: 07-01-18 ZeroHedge – “Goldman Closes Out “Top Trade” To Short Treasuries” — After calling the market’s peak earlier in the year when it said that the January market meltup marked the top of the S&P, last Friday, […]
THE CORPORATE YIELD CURVE HAS JUST INVERTED — SOURCE: 06-19-18 – “The Corporate Yield Curve Has Just Inverted” — A very interesting observation by the Nedbank analysts is that: The corporate sector curve (Baa-rated Corporates less the Prime rate) has now inverted. The implication of this is just as profound as a sovereign yield curve inversion as it […]
THE US$ SHORT SQUEEZE MAY ONLY BE STARTING? What is driving what? Currently many feel a US$ shortage was responsible for pushing the LIBOR-OIS spread up, but it also understood that the US$ follows the LIBOR-OIS spread with an approximate 3 month delay. It would appear that “a little soon begets a lot”! This is […]
MATASII: 10 UST YIELD ~2.85 June 2018
INVESTORS TOLD TO BRACE FOR STEEPEST RATE HIKES SINCE 2006 –SOURCE: 12-10-17 David Goodman, Bloomberg – “Investors Told to Brace for Steepest Rate Hikes Since 2006” Citigroup, JPMorgan predict policy tightening in rich nations Fed, ECB, BOE and SNB set policy in 18-hour window this week Wall Street economists are telling investors to brace for […]
