Currently viewing the tag: "The Nemenoff Report"

Financials: Mar. Bonds are currently 23 lower at 149’19, 10 Yr. Notes 6 lower at 122’15 and 5 Yr. Notes 2 lower at 115’08. The long Dec. 2018/short Dec. 2019 Eurodollar spread has widened from last weeks 21 points premium the nearby to 23 points approaching my objective of 25-26 points premium the Dec. 2018. […]

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Financials: Mar. Bonds are currently 8 lower at 149’26, 10 Yr. Notes 1 lower at 122’31 and 5 Yr. Notes unchanged at 155’20. The long Dec. 2018/short Dec. 2019 Eurodollar spread is currently trading at 21 premium the 2018 contract. Rumors that China is going to slowdown purchases of U.S. treasuries has driven these markets […]

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Financials: Mar. Bonds are currently 10 lower at 152’00, 10 Yr. Notes 5 lower at 123’20 and 5 Yr. Notes 3.5 lower at 115’28. The long Dec.2018/short Dec. 2019 Eurodollar spread is currently at 20.5 premium the 2018 contract. In my last “Report” I recommended putting on the Eurodollar spread at 16.5. As it turns […]

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Financials: March Bonds are currently 7 lower at 153’15, 10 Yr. Notes 5.5 lower at 124’14.0 and 5 Yr. Notes 4.5 lower at 116’13.5. Yesterday the Fed, as expected, raised rates by 25 basis points. In their comments it is perceived that 2018 will bring 3 rate hikes of 25 basis points. The reaction was […]

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Financials: Dec. Bonds are currently 10 lower at 153’24, 10 Yr. Notes 5 lower at 124’14 and 5 Yr. Notes 3 lower at 116’11. During the last week the yield curve between the 10 Yr. and 30 Yr. has narrowed to 38 basis points which has been reflected in the futures as the Bonds gained […]

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Financials: March Bonds are currently 7 lower at 151’31, 10 Yr. Notes 3.5 lower at 124’11.5 and 5 Yr. Notes 2.5 lower at 116’17.5. These markets have dropped a bit in the last few sessions as the vote on impending tax reform comes due. Comments from the Fed also have weighed on treasuries as interpretation […]

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Financials: Dec. Bonds are currently 15 lower at 153’17, 10 Yr. Notes 8 lower at 124’25.5 and 5 Yr. Notes 5 lower at 116’28.5. During the last week the Bonds traded as low as 152’06. If you remain short either take profits or use a protective buy stop at 153’25. The yield curve continues to […]

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Financials: Dec. Bonds are currently 15 lower at 153’28, 10 Yr. Notes 3 lower at 125’05.0 and 5 Yr. Notes 2 lower at 117’04.2. During the last week we were able to sell the Dec. Bonds above the 154’00 level as the market traded as high as 154’26. If you took advantage of the rally […]

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Financials: Dec. Bonds are currently 3 higher at 152’27, 10 Yr. Notes 0’01.5 higher at 124’30.5 and 5 Yr. Notes 0’01.2 higher at 117’05.2. It now appears that J. Powell will be chosen as next Fed. Chair. He is expected to follow the current Fed path of cautious tightening. Yesterday the FOMC kept rates unchanged […]

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Financials: Dec. Bonds are currently 0’17 higher at 151’14, 10 Yr. Notes 0’05.5 higher at 124’20.0 and 5 Yr. Notes 0’02.5 higher at 117’01.2. The markets await decision on choice for Fed Chairmanship with the betting favorite now being John Taylor who appears to be more hawkish on rates than 2nd favorite current Fed Chair […]

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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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