Currently viewing the tag: "The Nemenoff Report"

Financials: Dec. Bonds are currently 21 higher at 145’02, 10 Yr. Notes 9 higher at 128’27 and 5 Yr. notes 2.5 higher 120’25.5. Yesterday was the most volatile day in recent history as the yield on the 30 Yr. Bond dropped temporarily below 3.00% and yield on the 10 Yr. dropped below 2.00% (the low [...]

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Financials: Dec. Bonds are currently 20 higher at at 142’21, 10 Yr. Notes 10.5 higher at 127’15.5 and 5 Yr. Notes 5 higher at 120’01. Continued flight to quality in treasuries as Equities set back about 6% over the last couple of weeks. I am willing to sell the 5 Yr. Note above 120’00 (I [...]

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Financials: Dec. Bonds are currently 12 higher at 141’21,10 Yr. Notes 12 higher at 126’29.5 and 5 Yr. Notes 9.5 higher at 119’24. The market is still in “risk off” mode as investors look to U.S. treasuries in a flight to safety as equities give up most of their gains from year to date. I [...]

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Financials: Dec. Bonds are currently 16 higher at 141’05, 10 Yr. Notes 11 higher at 126’23 and 5 Yr. Notes 7 higher at 119’19. Yesterday’s release of the FOMC minutes from their last meeting suggested that the Fed is concerned about slowing global economic growth and that rates will remain at their current historic low [...]

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Financials: Dec. Bonds are currently 13 higher at 139’25, 10 Yr. Notes 7.5 higher at 125’20.5 and 5 Yr. Notes 4 higher at 118’27.7. Negative economic numbers out of Germany early this morning drove yields on German 10 yr. to the 0.9% level and caused a bit of a drop on U.S. 10 yr. notes [...]

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Financials: Dec. Bonds are currently 10 lower at 138’22, 10 Yr. Notes 11 lower at 124’31 and 5 Yr. Notes 8 lower at 118’13.5. This morning’s monthly Jobs Report showed an increase in non-farm payrolls of 248,000 vs. expectations of 215-225,000 and a drop in the unemployment rate to 5.9%. The immediate reaction was a [...]

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Financials: Dec. Bonds are currently 25 higher at 128’22, 10 Yr. Notes 15 higher at 125’03.5 and 5 Yr. Notes 8.5 higher at 118’16.7. This mornings ADP Private Sector Jobs Survey should an increase of 213,000 jobs vs. expectations of 209,000. Ordinarily this would be good news. However the geopolitical and geoeconomic situations have made [...]

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Financials: Dec. Bonds are currently 1 lower at 137’25 settling back from a recent high of 138’07 earlier this morning on the release of 2nd quarter GDP which came in at 4.6%, slightly better than expectations of 4.2%. We remain spread long June 2017/short June 2015 Eurodollar futures, currently trading at 203 premium the June [...]

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Financials: Dec. Bonds are currently 20 higher at 137’14, 10 Yr. Notes 8 higher at 124’17 and 5 Yr. Notes 3.5 higher 109’14. Weekly Jobless Claims were 12,000 higher pretty much in line with expectations and Durable Goods Orders down 18.2% vs expectations of a decline of 17.5%. Comments by ECB’s Mario Draghi indicated continued [...]

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Financials: Dec. Bonds are currently 11 higher at 137’02, 10 Yr. Notes 4 higher at 124’13 and 5 Yr. Notes 2.7 higher 118’07. These markets are higher this morning in a “flight to safety” as traders jump out of equities due to slowing economic numbers out of Europe and China and the initiation of a [...]

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Financials: Dec. Bonds are currently 13 higher at 136’04, 10 Yr. Notes 5 higher at 123’28.5 and 5 Yr. Notes 1 higher at 117’28. Wed. pronouncements by the FOMC left rates unchanged for the foreseeable future, but language in the minutes indicated a projected rise in rates sometime next year raising the forecast for funds [...]

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Financials: Dec. Bonds are currently 15 higher 136’15, 10 Yr. Notes 7.5 higher at 124’14.5 and the 5 Yr. Note 2.5 higher at 118’09.5. CPI (Consumer Price Index) this morning came in at a negative 0.2% vs. expectations of unchanged. Yesterday China added 500 billion yuan ($81billion) in stimulus to the banking system in an [...]

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