Currently viewing the tag: "Marc Nemenoff"

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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Financials: June Bonds are currently 1’13 higher at 161’11, 10 Yr. Notes 13.5 higher at 127’20.5 and 5 Yr. Notes 7 higher at 119’08.5. This morning Crude Oil is once again on new contract lows which has rallied Bonds on renewed fears of deflation. I feel just the opposite thinking that disposal income will eventually [...]

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Financials: June Bonds are currently 1’03 higher at 160’20, 10 Yr. Notes 18 higher at 127’17 and 5 Yr. Notes 12 higher at 119’05. I am changing my bias from being a buyer on breaks to being a seller on rallies, particularly in the 10 Yr. Notes above 128’06. Grains: May Corn is currently fractionally [...]

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Financials: June Bonds are currently 26 higher at 156’15, 10 Yr. Notes 6 higher at 126’08 and 5 Yr. Notes3 higher at 118’14.5. On Friday Bonds dropped sharply as a result of the monthly e,employment report which showed an increase of 295,000 non-farm payrolls, well above the pre-report average guesstimate of 235,000. The unemployment also [...]

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Financials: June Bonds are currently 2 higher at 158’30, 10 Yr. Notes 6 higher at 126’31 and 5 Yr. Notes 4 higher at 118’27. I am still on the sidelines and will remain so until Friday’s Employment Report. Short term traders should continue to treat the 10 Yr. Note as a trading affair between 126’16 [...]

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Financials: June Bonds are currently 3 lower at 161’24, 10 Yr. Notes 1.5 lower at 127’24 and 5 Yr. Notes fractionally lower at 119’08.5. Overnight China lowered rates in an effort to address slowing growth and the worry of deflation, joining the what appears to be Global concern about the fear of deflation. Testimony by [...]

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Financials: Mar. Bonds are currently 24 higher at 144’25, 10 Yr. Notes 12 higher at 127’24 and 5 Yr. Notes 7 higher at 119’21. On Friday Europe tentatively granted Greece a four month loan extension subject to acceptance of Greek economic reform proposals, which will probably include some severe tax reforms on the wealthy. The [...]

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Financials: Mar. Bonds are currently 11 higher at 144’14, 10 Yr. Notes 7 higher at 127’15 and 5 Yr. Notes 4 higher at 119’14. We have covered all short biased naked and spread positions and are currently on the sidelines. Today’s focus will be the FOMC minutes as the market will be looking for language [...]

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Financials: Mar. Bonds are currently 17 lower at 146’10, 10 Yr. Notes 6.5 lower at 128’07 and 5 Yr. Notes 4 lower at 119’24. The long Sept. 2015 Eurodollar/short June 2015 Eurodollar spread is 3 higher at 135 premium the Sept. 2015. Yesterday Sweden lowered it’s repo rate to a negative 0.1% sending a signal [...]

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Financials: Mar. Bonds are currently 23 lower at 146’28, 10 Yr. Notes 12 lower at 128’07.5 and 5 Yr. Notes 6 lower at 119’22. If you remain short the 5 Yr. Note either take profits or lower your buy stop to 120’03.2. We remain spread long Sept. 2015/short June 2017 Eurodollars and will look to [...]

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Financials: Mar. Bonds are currently 30 lower at 147’30, 10 Yr. Notes 27 lower at 129’00 and 5 Yr. Notes 21 lower at 120’00. This mornings Monthly Jobs Report showed an increase in non-farm payrolls of 257,000 vs. expectations of 237,000 and a revised increase of the Dec. number. If you remain short the 5 [...]

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