Posts by: Marc Nemenoff

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9/28/2016
Financials: Dec. Bonds are currently 7 lower at 169’07, 10 Yr. Notes 4 lower at 131’13, 5 Yr. Notes 1.5 lower at 121’21 and June 2017 Eurodollars 0.5 lower at 99.015. German 10 Yr. Bund set record low yield as Angela Merkel said their government will not be prepared to bail […]

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FOMC this week. The Nemenoff Report 09/20/16

On September 20, 2016 - 7:49 AM By

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Financials: Dec. Bonds are currently 11 higher at 166’02, 10 Yr. Notes unchanged at 130’14, 5 Yr. Notes down 1 at 121’05 and June 2017 Eurodollars 1.5 lower at 98.950. FOMC meeting today and tomorrow of which I suspect there will be no change in rates but the language of the minutes should […]

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The Nemenoff Report. 09/12/16

On September 12, 2016 - 9:13 AM By

Financials: Dec. Bonds are currently 6 lower at 166’21, 10 Yr. Notes 2.5 lower at 130’09, 5 Yr. Notes 1 lower at 121’00.7 and June 2017 Eurodollars 1 higher at 98.965. Recent comments by the Fed has led the market to believe that a 25 basis point hike in rates is imminent and this has […]

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Financials: Dec. Bonds are currently 4 lower at 170’17, 10 Yr. Notes 1 lower at 130’30.5, 5 Yr. Notes 1 lower at 121’07 and June 2017 Eurodollars unchanged at 98.970. Recent comments by the Fed, FOMC minutes and Chairwoman Yellen’s comments from Jackson Hole, have been interpreted as somewhat hawkish. By this I mean the […]

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Financials: Sept. Bonds are currently 15 higher at 172’07, 10 Yr. Notes 6.5 higher at 132’14.5, 5 Yr. Notes 4.7 higher at 121’22.2 and June 2017 Eurodollars 3.5 higher at 99.090. Given that the Dollar is losing ground to other currencies (Euro and Yen) which currently have negative rates makes me leery of a rate […]

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Financials: Sep. Bonds are currently 3 lower at 171’18, 10 Yr. Notes 3 lower at 131’30, 5 Yr. Notes 1.2 lower at 121’14.7 and June 2017 Eurodollars 1 lower at 98.98. Last weeks surprising Jobs Report of +235,000 new non farm payrolls was negative for Bonds and positive for equities. Now to throw a monkey […]

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Financials: Sept. Bonds are currently 8 higher at 173’13, 10 Yr. Notes unchanged at 132’31, 5 Yr. Notes unchanged at 122’02.2 and Sept. 2017 Eurodollars unchanged at 99.095. Average guesstimate for today’s Employment Report is in the 175k of new non-farm payrolls. We currently have no positions but will be a willing seller of the […]

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Financials: Sept. Bonds are currently 31 lower at 172’01, 10 Yr. Notes 10 lower at 132’24, 5 Yr. Notes 4.5 lower at 121’30.5 and June 2017 Eurodollars 1 lower at 99.240. If you went short the 10 Yr. notes in the 134’00 level based on the recommendation from 6/24/16 take profits. We remain short the […]

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Financials: Sept. Bonds are currently 5’06 higher at 171’09, 10 Yr. Note 2’07 higher at 133’01, 5 Yr. note 1’10 higher at 122’08 and June 2017 Eurodollars 20 higher at 99.26. Even at these prices the market is substantially off of overnight highs in the flight to quality after the surprise Brexit vote to leave […]

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BREXIT! The Nemenoff Report 06/20/16

On June 20, 2016 - 7:40 AM By

Financials: Sept. Bonds are currently 1’11 lower at 167’26, 10 Yr. Notes 13 lower at 131’14, 5 Yr. Notes 7 lower at 121’09 and Sept. 2017 Eurodollars 4 lower at 99.090. Shifting poll numbers on Brexit now expect G.B. to stay in the EU causing U.S. Treasuries to give up recent gains. If you remain […]

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Financials: Sept. Bonds are currently unchanged at 168’11, 10 Yr. Notes 2 higher at 131’19, 5 Yr. Notes 1.7 higher at 121’08.2 and Sept. 2017 Eurodollars 5 higher at 9909.5. We have gone short the Eurodollars above the 99.05 level. Rates in Germany and Japan continue to tumble and we are once again putting the […]

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Financials: Sept. Bonds are currently 5 lower at 166’15, 10 Yr. Notes 5.5 lower at 130’25.5, 5 Yr. Notes 3.5 lower at 120’22.5 and June 2017 Eurodollars 2 lower at 99.010. Friday’s disappointing Jobs Report (an increase in non-farm payrolls of 38K vs. expectations of 160K) rallied treasuries across the curve causing many analysts to […]

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