Currently viewing the tag: "The Nemenoff Report"

Financials: Dec. Bonds are currently 15 higher at 153’16, 10 Yr. Notes 7 higher at 125’11.5 and 5 Yr. Notes 4.7 higher at 117’11.5. Turmoil in Spain over the question of Catalonian independence has traders seeking a safe haven in Treasuries this morning. In other news since last week, Pres. Trumps short list for Fed. […]

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The Nemenoff Report 10/12/17

On October 12, 2017 - 8:07 AM By

Financials: Dec. Bonds are currently 6 higher at 152’24, 10 Yr. Notes 4 higher at 125’11.5 and 5 Yr. Notes 2.2 higher at 117’13.5. Yesterday’s release of the FOMC minutes told us nothing new and continues the passive/aggressive stance of the possibility of a rate hike before year’s end. If you went long on last […]

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The Nemenoff Report. 09/28/17

On September 28, 2017 - 8:05 AM By

Financials: Dec. Bonds are currently 17 lower at 152’13, 10 Yr. Notes 5 lower at 125’09 and 5 Yr. Notes 0’01.7 lower at 117’15.7. Bonds broke nearly 2’00+ over the last couple of sessions in response to Fed comment “that it would be imprudent to wait for inflation to reach 2.0% to raise rates”. This […]

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Financials: Dec. Bonds are currently 11 higher at 156’22, 10 Yr. Notes 6 higher at 127’09.5 and the 5 Yr. Notes 4 higher at 118’23.7. Yesterday Fed V.P. Stanley Fischer announced his retirement leaving the possibility of 4 vacancies on the Federal Reserve board to be filled by Pres. Trump including the possibility of replacing […]

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Financials: Dec. Bonds are currently 4 lower at 155’17, 10 Yr. Notes 2 lower at 126’24 and 5 Yr. Notes 1 lower at 118’12.7. Earlier in the week treasuries rallied to new recent highs as the trade sought the safety of gov’t. issues in response to the provocation of a N. Korean missile sent over […]

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Financials: Dec. Bonds are currently 5 lower at 155’03, 10 Yr. Notes 5 lower at 126’15 and 5 Yr. Notes 3 lower at 118’08.2. The market has rallied over the last week as traders sought safe haven as securities backed off and indicators showed a lack of inflation high enough to meet Fed target of […]

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Financials: Sept. Bonds are currently 13 lower at 154’21, 10 Yr. Notes 4 lower at 126’12.5 and 5 Yr. Notes 2.7 lower at 118’11.7. Yesterday’s release of the FOMC minutes showed there was very little consensus among Fed. Governors as to when there will be another rate hike. That being said, there was some agreement […]

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Financials: Sept. Bonds are currently unchanged at 154’23, 10 Yr. Notes fractionally higher at 126’11.5 and 5 Yr. Notes unchanged at 118’11.2. Saber rattling by N. Korea and return rhetoric by President Trump sent traders to the safety of treasuries over the last 48 hours. Add lowered expectations of less than 2% expected inflation rate […]

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Financials: Sept. Bonds are currently 15 higher at 154’21, 10 Yr. Notes 4 higher at 126’07.5 and 5 Yr. Notes 2 higher at 118’08.5. Yesterday’s ADP private jobs number came in at 178K, slightly below expectations of 180K. This number usually correlates closely with the monthly Unemployment Report of which guesstimates so far reflect an […]

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Financials: Sept. Bonds are currently 15 lower at 152’22, 10 Yr. Notes 5.5 lower at 125’27 and 5 Yr. Notes 3.7 lower at 118’02.5. The Fed has left rates unchanged as expected after yesterday’s FOMC meeting. Of note is the intention to start trimming the Fed Balance Sheet (inventory of mortgage-backed securities, Bonds, Notes etc.) […]

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Financials: Sept. Bonds are currently 2 higher at 154’00, 10 Yr. Notes 1 higher at 126’02.5 and 5 Yr. Notes 0.5 higher at 118’04.7. The market has advanced slightly over the last week. I am still overall negative on these markets believing that rates will eventually creep higher as the economy continues to recover albeit […]

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Financials: Sept. Bonds are currently 4 higher at 152’29, 10 Yr. Notes 1.5 higher at 125’18 and the 5 Yr. Note 0.5 lower at 117’27.5. Testimony by Fed Chairwoman Yellen yesterday indicated that the Fed would take a moderate to soft path when it comes to raising rates and trimming the Fed’s balance sheet by […]

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