30 Year Treasury Bonds | The Daily Capitalist

The Japan Syndrome

Before taking a multi-week break with family in which I intend to post only for major market action, it’s time for some review. The macro theme in the U.S. economy and financial markets strikes me as just what I stated in one of my first blogs. This is what I wrote on January 9, 2009 [...]

Treasury Auction Weak

Investors are always looking at Treasury auctions where the government sells its bonds to see if there is a healthy appetite for Treasury paper. Today’s auction of 30 year Treasurys did not go well. The bid-to-cover ratio was only 2.40 which is down from recent auctions. This measures the market’s desire for Treasury issues. The [...]

Two Contrarian Reasons To Be Bullish On The Long Bond

Based on certain precedents, we may just have top-ticked the long bond, or may be within months of a top to be followed by a major drop in long rates.

As of Friday’s close, the spread between the 2-year bond (note) and the 30-year bond’s yields were about equal to the post-1980 highs seen [...]