Currently viewing the tag: "Economy"

Financials: June Bonds are currently 17 lower at 163’20, 10 Yr. Notes 2 lower at 129’20 and 5 Yr. notes fractionally lower ar 120’23. I’m still hesitant to take a position in either Bonds or 10 Yr. Notes with the German 10 Yr. trading at a yield of 0.07%, only 7 basis points from 0% [...]

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Financials: June Bonds are 14 higher at 163’29, 10 Yr. Notes 4.5 higher at 129’04 and 5 Yr. Notes 1.7 higher at 120’10. The lack of significant inflation may push %interest rates slightly lower for the moment. We are taking profits on the long 5 Yr./short 10 Yr. Spread. At the moment I am looking [...]

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The Windy City Trader. 4/13/15

On April 13, 2015 - 3:54 PM By

In a surprise move (NOT), Hillary Clinton announced she is running for president in 2016. The reality is that she has been running for president since about 1992. This Week’s Commentary Metals: The metals have pretty much traveled the way of the US Dollar of late. As the Dollar drops to support, metals rally to [...]

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Financials: June Bonds are currently 15 lower at 163’01, 10 Yr. Notes 1.5 lower at 128’24.5 and 5 Yr. Notes unchanged at 120.04. Last week saw poor auction results on the 30 Yr. pushing rates several basis points higher. We remain spread long the 5 Yr./short the 10 Yr. from the 9’02 premium the 10 [...]

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Financials: June Bonds are currently 7 lower at 164’23, 10 Yr. Notes unchanged at 129’11.5 and 5 Yr. Notes 1 lower at 120’14. Yesterday’s FOMC release of the minutes of the March meeting were nebulous at best. The word patient was removed from guidance and confirmation was given to the idea that inflation may have [...]

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The Windy City Trader 4/7/15

On April 7, 2015 - 7:49 AM By

PLAY BALL !!!! As opening day is upon us hope springs eternal for long suffering Chicago Cub fans. This is year 4 of the current rebuilding plan and year 108 of the long term rebuilding plan which gives me an idea. I’m considering writing a book (or in this case more of a short story [...]

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Financials: June Bonds are currently 10 lower at 165’14, 10 Yr. Notes 3.5 lower at 129’26 and 5 Yr. Notes 3 lower at 120’24. Friday’s Job Report showed the creation of 126,000 non-farm payrolls, well below the expected 200,000+ estimate. The result was a rally across the Board in interest rate futures pushing yield to [...]

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Financials: June Bonds are currently 1’10 higher at 165’05, 10 Yr. Notes 11 higher at 129’08 and 5 Yr. Notes 5.2 higher at 120’12. This mornings ADP private sector job survey showed the creation of 189,000 non-farm payroll jobs, well under the pre-report estimate of 225,000. This is often a precursor to the Monthly Jobs [...]

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Grains: DJ USDA Report: Summary for Mar 1 Quarterly Grain, Soybean Stockpiles & U.S. 2015 Planting Reports KANSAS CITY–The following table of analysts’ estimates is provided as a service to The Wall Street Journal subscribers in conjunction with the U.S. Department of Agriculture’s March 1 Quarterly Grain, Soybean Stockpiles and 2015 U.S. Grain, Soybean Prospective [...]

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Financials: June Bonds are currently 13 lower at 164’00, 10 Yr. Notes 4 lower at 128’18 and 5 Yr. Notes 1 lower at 120’00. The prospect of some easing of the tensions and progress with Iran over nuclear armaments has eased some of the safety factor on the interest rate markets. Last Thursday we recommended [...]

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Financials: June Bonds are currently unchanged at 164’17, 10 Yr. Notes unchanged at 128’26 and 5 Yr. Notes up 1 at 120’01. Islamic nations instability, air strikes in Yemen and Tikrit (Iraq) pushed Bonds higher overnight before retreating to present levels. Yesterday’s 2 and 5 Yr. auctions were not well received causing the rates to [...]

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Financials: June Bonds are currently 14 higher at 163’18, 10 Yr. Notes 1 higher at 128’18 and 5 Yr. Notes 1 lower at 119’26. Yesterday’s FOMC left rates unchanged and commented that it would do so until there is a better employment picture and inflation comes closer to the targeted 2.0%. It also suggested that [...]

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