Category Archives: Us Treasury Bonds

So Tell Me…

Where was the only place on the internet (or in finance in general for that matter) that you saw a down arrow placed on the 30 year yield amidst all the hoopla about a great rotation out of bonds and into stocks, with it being only a matter of time before yields went much higher?

That’s what I thought.  Oh but wait, charts don’t work they say.

I’ve got the Continuum declining to about 3% to 3.2% or so before reversal.

tyx

Yield Curve Snapshot

Again with the disclaimer not to take one day’s reading in a Hoover… the curve is dropping with yields positive, which could favor a stock bounce and is theoretically not gold positive (yeh, I know it’s up pretty good in pre).

10.2.yields

10yr & 2yr yields from Bloomberg

Oh and regarding stocks, this headline doesn’t hurt either…

marketwatch

Yield Spreads Down Today

The status of T bond yield spreads is not in a gold friendly posture today.  Again I say try not to take any one day’s data point in a vacuum.  But it is what it is and with short term yields rising faster than long term yields, it’s not gold positive in this little moment in time.  Tomorrow?  Maybe another story.  Who knows in this casino?

10.2.yields

Today’s 10 & 2 year yields, from Bloomberg