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Come Visit us at Learnbonds.com

davidwaring — Wed, 29 Aug 2012 22:06:40 +0000

Hi Folks, Thanks for stopping by bondmoves.com. We have decided to consolidate our bond efforts on our larger site Learnbonds.com where you can find much of the same information that we have been providing here on Bond Moves, plus a lot more. Here are some links to get you aquainted: CME Morning Update and Treasury Yield Curve Municipal Bond Yield Curve Market Recaps Best of the Bond Market - Our links to the day’s best bond market stories. Bond Trade Ideas Bond Basics 101 Resources for Bond Investors 30 Resources for following the Fed Plus a lot more. Come visit

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DEALERS WATCHING RISE IN STUDENT LOAN DELINQUENCIES

davidwaring — Wed, 29 Aug 2012 20:53:16 +0000

Despite conflicting signals coming from the Federal Reserve’s consumer credit data (namely ghastly student loan debt burdens), household deleveraging continued apace in the second quarter. According to the New York Fed's Quarterly Report on Household Debt and Credit released Wednesday, household indebtedness fell 0.5% (-$53 bln) to $11.38 tln in Q2.

Interest Rate and Treasuries Market Recap

davidwaring — Wed, 29 Aug 2012 20:44:48 +0000

The Treasury market was mostly off balance to lower today as the scheduled data was slightly better than expected and that dampened fears of slowing and might have leveled easing expectations temporarily.

Mid-Session Interest Rate and Treasuries Report

davidwaring — Wed, 29 Aug 2012 16:50:43 +0000

US Treasury markets trended lower throughout the morning hours, with September 30-Year Bonds falling below yesterday's low.

Morning Interest Rate and Treasuries Report

davidwaring — Wed, 29 Aug 2012 12:39:35 +0000

The US Treasury market was trading slightly below Tuesday's closing levels early this morning, but some traders felt that it did not seem like there was a definitive "risk-on" vibe in place in global markets.

BondSquawk Daily

davidwaring — Wed, 29 Aug 2012 12:26:57 +0000

BondMoves would like to thank BondSquawk.com for allowing us to reprint the following information. All copyrights are retained by BondSquawk. August 29th, 2012 Don’t Get Your Hopes Up For Jackson Hole * Turning Point for Housing? * Consumer Confidence Not So Confident * Bond Investments – Top 3 Non-Cyclical Corporate Issuers * Nokia Bonds Have Run Up, Look to Exit Don’t Get Your Hopes Up For Jackson Hole Posted: 29 Aug 2012 03:00 AM PDT By TJ Kim August 29, 2012 The Federal Reserve’s annual symposium at Jackson Hole is only a few days away. Despite some investors’ expectation on

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Bunds drag bonds slightly higher overnight, belly outperforms

davidwaring — Wed, 29 Aug 2012 12:24:45 +0000

Bunds drag bonds slightly higher overnight, belly outperforms •Light volume away from calendar roll trading; 194k September 10s trade against 111k December •Widespread talk of receiving in fives, derivatives related receiving in belly helps, Asian accounts lift belly, 10s, too

Interest Rate and Treasuries Market Recap

davidwaring — Tue, 28 Aug 2012 20:36:23 +0000

The Treasury market managed an upside breakout today in the wake of a softer than expected US Consumer Confidence report.

Mid-Session Interest Rate and Treasuries Report

davidwaring — Tue, 28 Aug 2012 16:33:22 +0000

September 30-Year Bonds broke out to their highest level since August 7th. Support for the market came on talk that Spain's Catalonia was closer to requesting financial support, and that seemed to fuel a safety bid for government debt.

Bonds little changed in very quiet overnight trading

davidwaring — Tue, 28 Aug 2012 13:11:35 +0000

Bonds little changed in very quiet overnight trading •Volume light, exaggerated by calendar roll trading, 163k September 10s trade against 50k December •Block trade of 5k 10-year futures

Morning Interest Rate and Treasuries Report

davidwaring — Tue, 28 Aug 2012 12:45:17 +0000

Treasury prices are starting out Tuesday's US trading session sitting just under the recent highs.

BondSquawk Daily

davidwaring — Tue, 28 Aug 2012 12:42:05 +0000

BondMoves would like to thank BondSquawk.com for allowing us to reprint the following information. All copyrights are retained by BondSquawk. August 28th, 2012 BondSquawk Daily <http://www.bondsquawk.com> <http://fusion.google.com/add?source=atgs&feedurl=http://feeds.feedburner.com/Bondsquawk> ________________________________ * Banker’s Algorithm * A Bounce Higher at Resistance Is Opportunity for Lower Yields * Seeing Economic Downturns Using a Rear View Mirror? * What About Hewlett Packard Bonds? Banker’s Algorithm Posted: 28 Aug 2012 03:00 AM PDT By Martin T. – Macronomics <http://macronomy.blogspot.com/2012/08/credit-bankers-algorithm.html> August 27, 2012 “An algorithm must be seen to be believed.” – Donald Knuth, Professor Emeritus at Stanford University. “The Banker’s algorithm is a resource allocation and deadlock

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DEALERS CERTAIN CONSUMER CONFIDENCE TO REMAIN BELOW H1 AVERAGE

davidwaring — Mon, 27 Aug 2012 20:54:06 +0000

The Conference Board’s index of consumer confidence rose to 65.9 in July, having bounced off a 7-month low (62.7) in June. For August, economists expect the headline measure to remain close to the prior month’s reading (consensus 66.0) but as consumers face myriad threats such as rising gasoline and food prices, the November elections, potential tax and regulatory changes and a sudden drop in federal entitlements) dealers speak with conviction that consumer confidence is unlikely to improve to even the modestly higher averages in Q1 (67.5) or Q2 (65.3).

Interest Rate and Treasuries Market Recap

davidwaring — Mon, 27 Aug 2012 20:13:40 +0000

The Treasury market started off marginally higher but as the session progressed, the bull camp seemed to gain the upper hand.

Mid-Session Interest Rate and Treasuries Report

davidwaring — Mon, 27 Aug 2012 16:48:56 +0000

US Treasury markets rallied throughout the overnight and morning hours, fueled in part by weaker than expected German business climate data, as well as hopes that the Fed will offer more hints for quantitative easing in Jackson Hole later this week.

Morning Interest Rate and Treasuries Report

davidwaring — Mon, 27 Aug 2012 12:43:49 +0000

Treasury prices have started out with moderate gains this morning, which some traders feel is the result of weaker international equity market action during overnight trading although a recovery in US equities has helped to take prices off of their early highs.

UST futures hug tight range ahead of more Fed speak, bunds ignore weak IFO

davidwaring — Mon, 27 Aug 2012 12:35:14 +0000

UST futures hug tight range ahead of more Fed speak, bunds ignore weak IFO •Very light 61k Sep 10-yr notes traded as of 10.00 GMT •USTs underperforming EGBs by 2.2bp in the 10yr maturity compared to the previous London close

BondSquawk Daily

davidwaring — Mon, 27 Aug 2012 12:21:32 +0000

BondMoves would like to thank BondSquawk.com for allowing us to reprint the following information. All copyrights are retained by BondSquawk. August 27th, 2012 • China Hits the Brake • Cloudy Outlook on Core Durables Under the Shade of Improved Headline • Tax Code Changes Should Outshine Tax Reform Speculation China Hits the Brake Posted: 26 Aug 2012 09:00 PM PDT By TJ Kim August 27, 2012 In the recent world economy, it is very common to see people being more conservative with spending. This act of pocket tightening led to a fall in demand worldwide, as mirrored crystal clear in

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FOR MOST DEALERS, JACKSON HOLE IS JUST A WAY STATION TO QE3

davidwaring — Fri, 24 Aug 2012 20:51:27 +0000

The key event for global markets in the upcoming week is Federal Reserve Chair Bernanke’s August 31 speech at the Kansas City Fed's symposium in Jackson Hole, Wyoming. Released August 22, dovish minutes from the last FOMC meeting restored much if not all of dealers’ expectations that additional monetary policy stimulus in the form of new round of large-scale asset purchases (i.e., QE3) is right around the corner.

Interest Rate and Treasuries Market Recap

davidwaring — Fri, 24 Aug 2012 20:04:38 +0000

The Treasury bond market forged a rather wide trade range today and while prices fell back from its early highs, the reaction to the scheduled data flows was pretty impressive.