Bonds 06 (Oct 23 - Dec 26)

[behappyalways]

Japan's 2-Year Yield jumps above 1.03% for the first time since the Global Financial Crisis
https://x.com/Barchart/status/1996778603908927902


Remember, the Fed has a lot of influence on short-term rates. BUT, when it comes to long-term rates, the market will decide and let you know.
https://x.com/jaykaeppel/status/1997028901147791403

[behappyalways]

The US 10-year yield has been in a downtrend since May (highlighted).

Now it looks more like a breakout.
https://x.com/biancoresearch/status/1998067114792419647

[behappyalways]

All bear witness to rise in global interest rates.
https://x.com/SeabreezeLP/status/1998748129605136575


Japanese bonds collapsed, US bonds soared and global markets are in an uproar!
日债崩，美债飙，全球市场在咆哮！
https://m.youtube.com/watch?v=om7hTroKTLg

[behappyalways]

The Japanese 10-year yield just hit its highest level this century.
https://x.com/biancoresearch/status/2001881999209070608


*FRENCH 30-YEAR YIELD RISES 7BPS TO 4.524%, HIGHEST SINCE 2009
https://x.com/zerohedge/status/2001985350064058682

[behappyalways]

The Fed started cutting rates in Sep 2024 with the 30-year yield below 4%.

They've now cut 175 bps and the 30-year is above 4.8%.

The Fed may be done with inflation, but inflation isn’t done with the Fed.
https://x.com/charliebilello/status/2003277417691889760

[behappyalways]

Japanese Yields Soar To All Time High After PM Takaichi Calls Snap Election Seeking More Spending, Less Taxes
https://www.zerohedge.com/markets/japan ... eking-more


The old bond market adage is that yields will keep rising until something breaks.
https://x.com/biancoresearch/status/2013125530678132904

[winston]

Japan bond meltdown sends yields to record high on fiscal fears

By Mia Glass

The 40-year rate hit 4%, the highest since its debut in 2007.

The yield on 30-year and 40-year bonds climbed more than 25 basis points.

There is no clear funding source for the consumption tax cut, and markets expect it to be financed through government bond issuance.

The spike in yields has made Japan’s bond market increasingly attractive for foreign investors, who now account for roughly 65% of monthly cash JGB transactions.

Japanese insurers dumped a record ¥822.4 billion (US$5.21 billion or RM21.1 billion) of bonds with original maturities over 10 years in December, the biggest net sale back to 2004.

Source: Bloomberg

https://theedgemalaysia.com/node/789835

[behappyalways]

"The US Is Basically Not A Good Credit": Danish Pension Fund To Sell US Treasuries
https://www.zerohedge.com/markets/us-ba ... treasuries


The breakdown in the 10-year note is accelerating now.
https://x.com/Mayhem4Markets/status/2012252200983035993

[behappyalways]

Not sure that's the best way to inspire future purchases
https://x.com/Mayhem4Markets/status/2014446055018897784

[winston]

Malaysia, Mexico most at risk from Japan carry unwind — HSBC

By Prima Wirayani

Bond markets in Malaysia and Mexico are among the most at risk should a further increase in Japanese yields prompt the nation’s investors to repatriate capital.

Some US$5 trillion (RM19.77 trillion) of the country’s capital is deployed overseas, and that’s before accounting for the yen that foreign funds have borrowed for their wagers in financial assets around the world.

Source: Bloomberg

https://theedgemalaysia.com/node/790731