Bonds 05 (Sep 17 - Sep 23)

[behappyalways]

#Bonds are starting to look bad... US Treasury term premia (black) are breaking higher and pushing 10y yields up (orange). This isn't good for #liquidity which uses a lot of collateral
https://twitter.com/crossbordercap/stat ... 4179759104

[behappyalways]

The violent issuance of U.S. debt shocked the financial market, and the scourge is devouring U.S. sovereign credit!

美债暴力增发震惊金融市场，洪水猛兽正吞噬美国主权信用！

https://m.youtube.com/watch?v=5CsfH0D1W3g

[winston]

JPM Hikes Emerging Mkt Corporate High-yield Bond Default Rate to 9.7%, Predicts CN Property to Account for 40% of Defaults

In the wake of the debt crisis in China's real estate sector, JPMorgan hiked its forecast for global emerging market corporate high-yield bond default rate this year from 6% to 9.7%, with China's property industry expected to account for nearly 40% of the year's corporate defaults, followed by Russia's 35% and Brazil's 12%.

JPM also raised its Asian high-yield default rate forecast from 4.1% to 10%, mainly due to the debt problems of COUNTRY GARDEN (02007.HK) and other knock-on effects to the mainland real estate industry.

A full default by CG would add US$9.9 billion to total emerging-market corporate high-yield defaults so far this year, and bring total Chinese property sector defaults to US$17 billion.

Related News - UBS: CG Bond Restructuring May Prompt Negative Spillover Impact; Rating Reiterated Sell

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

The 10-year at 4.27% is its highest closing level since June 16, 2008
https://twitter.com/biancoresearch/stat ... 2273148324


An horrible 20-year JGB auction today tailed the most since 1987, showing that investors require a higher yield to buy JGBs
https://twitter.com/Altheaspinozzi/stat ... 7631470690

[behappyalways]

"Miserable" 20Y JGB Auction Tails Most Since 1987, Adding To Bond Gloom
https://www.zerohedge.com/markets/miser ... bond-gloom

[behappyalways]

China fuels US bond rout by slashing holdings to 14-year low as Washington-Beijing tensions drag on
https://markets.businessinsider.com/new ... ebt-2023-8

[behappyalways]

Pt.2 Why is it so smooth to cut leeks in the United States?

'23.08.15【豐富│東南西北龍鳳配】Pt.2 為什麼美國「割韮菜」都很順？

https://m.youtube.com/watch?v=FVdFOxTVhIc

[behappyalways]

Treasury Yields Soar To 16 Year High As 30Y Mortgage Rates Near 21st Century High
https://www.zerohedge.com/markets/treas ... ntury-high


*JAPAN 10-YEAR BOND YIELD RISES BACK TO HIGHEST SINCE 2014
https://twitter.com/biancoresearch/stat ... 8128043483

[behappyalways]

Yield curve inverts more and the market goes up....Yield curve un-inverts and market goes
https://twitter.com/mikepsilva/status/1 ... 9596883093

[behappyalways]

2Y Auction Prices Above 5% For The First Time In 17 Years
https://www.zerohedge.com/markets/2y-au ... e-17-years