This page has been archived and commenting is disabled.
30Y Treasury Yield Bursts Above 3.00% - 6-Week Highs
30Y Treasury yields are up 40bps from the Black Monday flash-crash panic low yields, breaking back above 3.00% for the first time since the end of July. It appears China selling (and rate locks) is trumping Element Capital's buying (for now).
At 3.02%, 30Y just broke another resistance level and is at its highest since July 23rd.
Charts: Bloomberg
»
- 11233 reads
- Printer-friendly version
- Send to friend
- advertisements -
This "recovery" came at a cost of TRILLIONS of dollars in new debt..."Wealth through Debt" is not sustainable nor real...this has been the norm since the 80's and there has been nearly ZERO real growth in the US economy...what there has been is currency devaluation and debt, private and public, masquerading as "Growth".
Rising Treasury yields is a clear sign the massive epic biblical crushing liquidity crisis has arrived!
Woe be unto thee !!
Where does one "invest" if everything is over-priced? Seems the only things that are undervalued, are the skills to produce the real things that sustain life itself. Alcohol, food, clean water, alcohol
"The U.S. Census Bureau reported in September 2014 that: U.S. real (inflation adjusted) median household income was $51,939 in 2013 versus $51,759 in 2012, statistically unchanged. In 2013, real median household income was 8.0 percent lower than in 2007, the year before the latest recession."
"A December 2011 report by "USA Today" reveals that half of all U.S. retirees have less than $25,000 in savings of any kind."
"Nearly Half Of all Americans Have Less Than $500 In Savings"
USA Median Home Price, March 2015, $210,700
WEALTH THROUGH DEBT!
in 30 years there won't even be a Treasury to honor them.
price that one in, douchebags.
COMEX gold says you're wrong - everything's just peachy!!!
imo TLT will hit record highs within three years
So equities uber alles.
It truly is different this time: We are going to crash upwards.
No we're not
Rising Treasury yields make the obscenely high S&P forward PE look even moar obscene.
Moar is always better! Quit trying to utilize logic when discussing the =markets=.
Quit discussing "Markets" as if they exist.
With all the selling I would have thought the rate would have jumped more....and gold and silver would again become a safe haven....but nothing...the markets today are not moving much...just the stock market is playing the game....
10 yr yield may rise more. Dec 2015 futures price just broke through strong support at 126.29 (price is now 126.26). But the trading day is early - all depends upon the closing price.
http://www.cmegroup.com/trading/interest-rates/us-treasury/10-year-us-tr...
longer term, Treasury prices will rise and yields drop. The weight of the world economies are too ugly - FUGLY.
Give it some time, reel in the sucker's. Another offshore treasury dump will place panic on anonymous buyers. Too much geopolitical gamble to lose wealth.
Herding the cattle to slaughter.
this has nothing to do with china or some silly small hedge fund - it is and always was about quad-witching interest rate swap and options expirations coming up. can't have those nice big banks that do so much for all of us lose billion or go belly flop on busted interest rate gambles. curiously, the bets are always that interest rate spreads will steepen, that the curve will steepen. it's almost as if some central bank has its hand behind it - much like currency "interventions". for the life of me i don't see any difference btw "intervention" and "manipulation".
our long interest rates are 50 bps higher than the UK - the other country who allows bankers to manipulate interest rate markets.
it is no coincidence that there is a federal investigation into primary dealers actions during auctions - it is all dirty and all to push interest rates higher all the time - despite zerohedge, CNBC, reuters and bloomberg constant progaganda to the contrary.
long yields should be 100 bps lower. they will.
"long yields should be 100 bps lower"
Roger that. If you liked 'em at 2.5, you gotta be loving them at 3.0
Tick tock
Why did that happen?
Not laughing anymore.
And China has lots more to sell. Lots more !!
GOT GOLD ???
End of October 2014 will play out again. FED raises rates. China douses the markets with MORE QE. World stocks up and dollar up. Gold WAY down. USA again is shooting themselves in the foot. A barney fife if you will. While the FED is trying to retrieve the gun from the holster, they are already being unloaded on by an AK-47. Russia and China want cheap gold. And know it will take a little pain to get there with the rising dollar. Russia needs cheap gold to back the ruble. My opinion.
People are saying that the ruble and oil are tied to each other which is expected and clearly seen. However it is becoming more apparent that gold and the ruble are following more of an relationship in the past few years.
There will be much more pain before a nice gain. And maybe this graph could prove to be right...
http://goldsilver.co.nz/wp-content/uploads/2014/07/Gold-100-Year-Histori...
China is helping Russia.
3% 10 yr and 5% 30 yr and a recovered stock market? What drugs are you on?
The hedge fund that is currently absorbing the China dump right now is not what it appears. Hint Julia Child was an absolutely terrible cook, yet somehow she became the French Chef. Second hint, George Plimpton was hack and the Paris Revue unreadable yet it became the “iconic” Paris Revue. Now (“math whiz”) Jeffrey Talpins' of Element Capital Management, has discovered inefficiencies in the world's most liquid and efficient debt market. Yes, yes he has.
Legatus,arabs,the mob like trump hes a front man for invisible backers
That should puker up Yellen's old A.. oh wait
“In the beginning was the Word and the Word was with God and the Word was God” "Every one that is of the truth heareth my voice”
Higher interest rates are probably not good for the housing market.