BLOOMBERG INTELLIGENCE: 10Y UST FAIR VALUE: 2.39% – YE 2018 EXPECT 2.65% VERSUS ~3% CONSENSUS — SOURCE: 10-04-17 Bloomberg: By Ira F. Jersey is Bloomberg Intelligence chief U.S. rates strategist; Tony Park is a BI associate – “Too-Flat Curves But Fair-Value Yields” — The Bloomberg Intelligence fair-value models for yield and curve highlight that yields are […]
Sovereign bond yields are really one big market in the current era. Different central banks are having different types of inflation or deflation fights all the time and are varying states of the stimulate-normalize-hike cycle at any given time. But this is swamped by the ability of global portfolio managers to allocate capital all over […]
EXPECT A FLIGHT TO SAFETY SCARE IN Q4 ( 10 y UST ~ 2.85) BEFORE HEADING LONG TERM < 1% At MATASII we have been strong in OUR “UnderTheLens” and “LONGWave” videos that we see 10 Y UST rates below 1% long term. We have more recently felt (in our IDEA posts ) that a […]
YIELD CURVE: EITHER EQUITIES FALL 13-20% OR RATES RISE 50-60 BPS — SOURCE: 06-06-17 ZeroHedge – “BofA: “If Bonds Are Right, Stocks Will Drop Up To 20%” — Quickly skimming the front pages of the financial press in recent days reveals one recurring, and puzzling, story: the diverging and contradictory signals being sent by the […]
YIELDS NOW THE SAME FOR S&P 500 DIVIDENDS & UST 10Y We now have the same yield for the first time since Jan 5th
