The wild rangebound volatility in Treasuries and the US dollar continued over the past week.
$33 billion in Treasury paydowns last week helped to boost prices for all of one day—from mid day Thursday to mid day Friday, and that was it. Here’s why, and what to expect going forward, with charts, tables and details spelled out.
Bonds and the dollar have been extremely volatile while remaining rangebound. Here’s what it means in technical terms.
The market was bathed in $56 billion of fresh cash this week from the Fed and Treasury. The Fed completed most of its mid month MBS settlements, with $21 billion settled and another $10 billion to settle on Monday. The Treasury paid down a net of $35 billion in outstanding bills as it faces a…
The Treasury will pay down outstanding debt this week and the Fed will hold its usual mid month MBS purchase settlements. The deck will be stacked for the customary Fed policy resubstantiation rally.
Both Treasury yields and the US dollar have been in trading ranges since the false breakdowns on August 23-24. The charts send messages. This report interprets them.
Key drivers of supply and demand in the Treasury market impact all US securities markets. They’ll be bullish in mid September, but will it matter? Here’s what you need to know.
Both Treasury yields and the US dollar have rebounded sharply after false breakdowns on August 23-24.
This is an excerpt from the Liquidity Trader Pro Treasury Supply and Demand Report. Subscriber download links to complete report below. Primary Dealers were sellers last week in both the coupons and the futures as they continued to hold larger long positions in Treasury coupons than they have for several years. Conversely, their long…
Both Treasury yields and the US dollar have broken down to support. The direction they take from here should give us a clue toward the longer term outlook.