10-year bond yield

5,456 Views | 44 Replies | Last: 7 mo ago by Sims
Heineken-Ashi
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It was a landslide electoral college and he won the popular vote. Your post is ridiculous.
flashplayer
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AG
Not only that, but did you not pay attention to his first presidency? He brought tariffs then, no reason to think he wouldn't do it again especially when he said he would do so.
Sapper Redux
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Heineken-Ashi said:

It was a landslide electoral college and he won the popular vote. Your post is ridiculous.


Did Biden win by a landslide in the electoral college? What's a landslide in the electoral college?
EnronAg
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AG
Vols 10-0 run rule no hitter = LANDSLIDE WIN
Ags 17-6 run rule in 8 innings the next day = RESOUNDING WIN in DOMINANT FASHION

I would say Trump's victory was not a landslide, but to say it wasn't resounding and in a dominant fashion is just your TDS boiling out...
GeorgiAg
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AG
Trump won a clear victory, fair and square. No denying that. I am rooting for him and hope he goes down as the greatest president ever and brings China down, repairs everyone's relations with Russia, solves the Middle East problems, etc...

...But I have my doubts. I fear we are in for a great deal of financial pain and damaged international relations. I hope I am wrong. I am also glad I have no plans to retire any time soon.
txaggie_08
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AG
Steve has bad TDS.
Sims
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AG
Sims said:

20 year bond had above average demand in the April auction with a bid to cover in line with the previous 10 auctions. Treasury will announce details on the 2, 5 and 7 year auctions tmw.
2 year auction was below average slightly. Foreign purchases were quite a bit lower than normal and domestic purchases were higher than normal - directs particularly strong..this group includes institutional investors. Different result than the 20 year but it's also an apples/oranges comparison as the 2 and 20 year buyer is a different group.
Sims
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AG
5 year results in a 1.0 bp tail compared to an average tail on the last 6 auctions of 0.1. The tail is the comparison between expected yield on the auction and actual..the actual yield was lower which means it was a stronger auction than expected.

Direct purchasers above average, indirects below average.

I still think this is foreign buyers going to the piggy bank to raise local currency...as recession fears increase and the economic pains manifest, I think we'll see indirects pick up again.
Sims
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AG
7 year was meh. Tail +.2bp compared to -.2bp 6 auction average.

Bid to cover was a good bit higher than previous 7 year auctions so there is still strong demand.

Sims
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AG
Much to the chagrin of those that want the USD to lose, 10 year auction results were outstanding.
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