Currently viewing the tag: "The Nemenoff Report"

Financials: Dec. Bonds are currently 11 higher at 136’06, 10 Yr. Notes 5 higher at 124’04.5 and 5 Yr. Notes 2.5 higher at 118’01.5. The market is showing signs of evening up before this weeks FOMC meeting and some flight to quality before the Scottish vote on the referendum for independence. The market will be [...]

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Financials: Dec. Bonds are currently 8 higher at 137’14, 10 Yr. Notes 3 higher at 124’18.5 and 5 Yr. Notes 2.5 higher at 118’06.5. Weekly Jobless claims were up 11,000 to 315,000, somewhat more than the 300,000 the trade had expected. The yield on the 10 Yr. Note remains in the 2.5% area, slightly lower [...]

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Financials: Dec. Bonds are currently 13 lower at 137’18, the 10 Yr. Note 10 lower at 124’20.5 and the 5 Yr. Note 7 lower at 118’06.5. Rates appear to be starting to edge up as the 10 Yr. yield once again approaches the 2.5% level. We remain spread long the June 2015 Eurodollar/short the June [...]

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Financials: Dec. Bonds are currently 15 higher at 138’21, 10 Yr. Notes 12 higher at 125’11.5 and 5 Yr. Notes 9 higher at 118’22. The Monthly Jobs Report showed an increase in non-farm payrolls of 142,000 vs. expectations of 225,000. This is the first disappointing report in months, and probably not an indication of things [...]

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Financials: Dec. Bonds are currently 5 lower at 138’25, the 10 Yr. Note 5.5 higher at 126’13 and the 5Yr. Note 5 higher at 118’22. The morning’s ADP private sector job survey showed an increase of of 204,000 vs. expectations of an increase of 220-230,000, somewhat disappointing. Weekly jobless claims were up 4,000 slightly above [...]

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Financials: Dec. Bonds are currently 16 higher, 10 Yr. Notes 6 higher at 125’26.5 and 5 Yr. Notes fractionally higher at 109’15.0. Renewed military activity between Russia and Ukraine have rallied the Bonds in “risk off” trade, flight to safety. Given the upcoming long weekend I am on the sidelines in these particular treasuries. That [...]

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Financials: Sept. Bonds are currently 10 higher at 140’27, 10 Yr. Notes 6 higher at 126’07.5 and 5 Yr. Notes 3.5 higher at 119’18.5. Bonds continue to out pace shorter term treasuries and coming close to the yearly high of 141’21 which we will use as a resistance level to trade from the short side [...]

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Financials: Sept. Bonds are currently 6 higher at 140’20, 10 Yr. Notes1 higher at 125’30 and the 5 Yr. Note fractionally lower at 119’13.2. Last week we licked our wounds and took the loss on the long 10 Yr./short Bond spread in the 13’20 premium the Bonds. The spread is currently trading at 14’22 premium [...]

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Financials: Sept. Bonds are currently 2 higher at 139’27, 10 Yr. Notes unchanged at 126’07 and 5 Yr. Notes 1 lower at 119’25. I am using this break to take a loss on current long 10 Yr./short Bond spreads in the 13’20 area (theoretical loss of about $1,250.00). I’m still short biased the interest rate [...]

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Financials: Sept. Bonds are currently 12 higher at 139’27, 10 Yr. Notes 5.5 higher at 126’10 and the 5 Yr. Note 2.5 higher at 119’28.2. Weekly Jobless Claims were up by 21,000 vs. expectations of an increase of 5,000. The long 10 Yr./short Bond spread is currently at 13’16 (we are still in this trade) [...]

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Financials: Sept. Bonds are currently 4 lower at 139’09, 10 Yr. Notes 1 lower at 125’28.5 and 5 Yr. Notes unchanged at 119’19. We remain spread long 10 Yr./short Bonds with about at 32 point loss ($1,000.00). By Friday this spread should move one way or another after the weekly jobless claims report, business inventories, [...]

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Financials: Sept. Bonds are currently 3 lower at 139’10, 10 Yr. Notes 2 lower at 125’29 and 5 Yr. Notes 0.5 lower at 119’19.0. These markets have been quite volatile (Bonds rallied as high as 140’11 on Friday) as the markets flip-flopped on every bit of news concerning Russia-Ukraine, Iraq, Israel-Gaza hit the market. Yields [...]

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