CREDIT MARKETS CRACKING IN A SYSTEMIC LIKE FASHION Here are Monday’s charts pulled from a report which give further detail of the yield drop shown above in the current “TNX” MATASII chart. VIX vs HY vs IG Credit markets are starting to crack more systemically… Flashing very bright warning lights to stocks… BONDS Bond […]
SCHIFF: BOND MARKET RIGHT BUT MAKING WRONG BET Peter Schiff is out with a new note that on how he believes the bond market is right about its views and reaction to the pending recession. However, he feels they are missing what the outcome of the recession will be. That outcome is STAGFLATION. This would […]
INVESTORS FLEEING HIGH YIELD, SIMILAR TO FINANCIAL CRISIS Investors are starting to come to a more realistic outlook about the forward-looking growth prospects, as well as the power of central banks to pump up asset prices. Tyler Durden reports that: It seems the warnings from PIMCO’s Scott Mather that: “We have probably the riskiest credit market […]
SII – BONDS AT CRITICAL TECHNICAL INFLECTION POINT WITH INFLATION PRESSURES LOOMING The Macro Analytics “Secondary” Indicators for the 10Y US Treasury illustrates that with the recent drop in yield we have achieved our target yield which we established last fall. Here is the current 10Y US Treasury for yield as measured by the “TNX”: […]
CHINA CURRENTLY DRIVING US TREASURY YIELDS HIGHER …the story is the cyclical upturn in China something commodities were foreshadowing. The slew of better data out of China is turning yields back higher along with it. China CPI, M2, Exports, and Aggregate Financing all turning higher off the lows The bounce in the data has been […]
MACRO ANALYTIC COVERAGE UPDATED 10Y UST – “TNX” YIELD A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-SII & PUBLIC ACCESS) READERS REFERENCE SII – BONDS & CREDIT MATASII SYNTHESIS: We see significant support for the 10Y UST Yield at 2.39%, We would cover our shorts if yield bounces off this support level. We would expect to see a […]
10Y UST “TNX” UPDATE THE BREAKING NEWS STORY: US Yields Could Still Have Quite A Bit More Downside Thu, 21 Mar 2019 Authored by Bryce Coward via Knowledge Leaders Capital blog, To the dismay of many observers, US treasury yields have been dead as a doorknob despite the 20% rally in stocks over the […]
MAJOR INDICES UPDATE – 10Y UST ‘TNX’
THE SPX:TNX RATIO BOUNCED OF THE NECKLINE WHEN THE CENTRAL BANKS REACTED A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-SII & PUBLIC ACCESS) READERS REFERENCE SII – BONDS & CREDIT MATASII SYNTHESIS: We at N+MATASII watch the SPX:TNX Ratio very closely as it is a proven overall market indicator, especially since the advent of QE and domination of […]
HY EXPLODED HIGHER WITH CENTRAL BANK REVERSAL: NEARING STRONG OVERHEAD RESISTANCE A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-SII & PUBLIC ACCESS) READERS REFERENCE SII – BONDS & CREDIT MATASII SYNTHESIS: “JNK” is now testing an overhead resistance trend-line (upper black dotted line below), There is still an unfilled Gap above this level. Likely retest of 100 DMA […]
