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Showing 51 - 60 of 280 results for %2210-year US Treasuries%22

The price is not right

BENJAMIN ONG  |  THURSDAY, 23 NOV 2017
... rates particularly, with its favoured measure of inflation still below its 2% target. The PCE price index was at 1.6% in the year to September and the core measure at 1.3%. As Japan's experience have shown, lower prices begets lower inflation expectations ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
... September meetings, the divergence in forward guidance widened even more after the Fed signalled one more rate hike this year, announced that it will begin withdrawing US$10 billion monthly from reinvestments of its maturing securities - US$6 billion ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... The S&P 500 index lifted just 0.1%; the US dollar index dipped a little (92.64 from yesterday's 92.51 close); Yields on two-year US Treasuries were unchanged and up by only one basis point for the tenners. The certainty of it all sent the already low ...

On the road to normal

BENJAMIN ONG  |  TUESDAY, 19 SEP 2017
... have been, to paraphrase the Fed, evolving broadly as anticipated. Even the markets have taken this on board. Yields on two-year US Treasuries jumped to 1.38% overnight - a 13 basis point increase from the 1.25% level it closed at on the week ended 8 ...

Wall Street interrupted

BENJAMIN ONG  |  TUESDAY, 12 SEP 2017
... Street. The sum of all fears - well, nearly all - many investors braced for didn't quite add up. US equities, the yield on 10-year US Treasuries and the US dollar, they all fell down last week as investors feared an escalation of tensions with North ...

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
... the August payrolls. With US inflation expectations again rising - the yield differential between the nominal 10 year Treasuries and TIPS has risen to 1.78% from this year's low of 1.65% -- it's all systems go for another rate hike -- one that would ...

Trump and Kim go ballistic

BENJAMIN ONG  |  FRIDAY, 11 AUG 2017
... index - the "fear gauge" - jumped by 44.4% overnight; the S&P 500 index dropped by 1.5%; and the yield on US 10-year Treasuries fell by five basis points. But we've seen this game of chickens and one upmanship before - only four months ago (April) - ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... same month, 'Business Insider' printed that "positioning in currency turned net short for the first time since January this year." Four days later (2 June), the Australian Financial Review's Jens Meyer asked, "How much will the Aussie dollar yield to ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... This is the same message by inflation expectations measured using the yield differential between the nominal 10-year Treasuries and the Treasury Inflation-Protected Securities (TIPS) of the same maturity. The yield differential has fallen to 1.75% at ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
... from central bank heads of the US, the Eurozone and the UK - that the end of cheap money is nigh. But while yields on 10-year bonds have risen sharply - US Treasuries were up 23 basis points to 2.37% overnight from 2.14% at the close of the week ended ...