Treasury Market Update
John Jansen - at Seeking Alpha - Mon Dec 01, 4:37PM CST
The long end of the Treasury market has a case of social disease today as it steepens appreciably. The 5s 10s spread opened early this morning at 68.5 and is out to 70.2. The 5s 30s spread started the day at 141.4 and is currently 143.4. The 10s 30s...
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), DLBL: 71.70 (-0.59), DFVL: 61.39 (+0.42), TBZ: 29.92 (+0.01), TLO: 70.69 (+0.72), UBT: 75.10 (+1.01), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), TYO: 19.24 (-0.17), ITE: 60.00 (unch), TTT: 47.30 (-1.21), SCHO: 50.65 (unch), GSY: 50.11 (+0.01), SCHR: 53.59 (+0.09), SYTL: 84.62 (-0.71), TYBS: 24.21 (unch), IEI: 122.59 (+0.16), DTYL: 73.05 (-1.75), TYD: 42.97 (unch), IEF: 105.69 (+0.37), PST: 25.10 (-0.17), DTUS: 35.46 (+0.03), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), TFLO: 50.08 (unch), TMV: 35.82 (-0.87), DTUL: 60.73 (+0.13), SBND: 5.60 (-0.12), TBF: 26.17 (-0.23), TUZ: 50.99 (unch), SHY: 84.69 (+0.05), VGLT: 75.47 (+0.63), TMF: 77.69 (+1.82), SHV: 110.26 (unch), FLAT: 60.04 (+0.33), USFR: 24.88 (+0.03), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), LBND: 50.46 (+1.25), STPP: 35.95 (-0.11), TAPR: 39.28 (+0.03), BIL: 45.74 (unch), SST: 30.15 (+0.02), VGSH: 61.04 (+0.01), PLW: 32.42 (+0.15), GOVT: 25.09 (+0.01)
Corporate Profits Juggernaut Continues
Calafia Beach Pundit - at Seeking Alpha - Thu Nov 27, 3:09AM CST
In my view, one of the most enduring and extraordinary features of the current business cycle expansion has been the strength of corporate profits. According to the GDP stats released earlier this week, third quarter after-tax corporate profits hit a...
TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), TBZ: 29.92 (+0.01), DFVL: 61.39 (+0.42), SPUU: 142.05 (-0.43), SPLX: 31.38 (+0.33), SPXU: 37.94 (+0.15), UPRO: 135.61 (-0.53), SPY: 207.66 (-0.23), EPS: 72.55 (-0.18), ITE: 60.00 (unch), TYO: 19.24 (-0.17), SCHR: 53.59 (+0.09), GSY: 50.11 (+0.01), SPXL: 89.66 (-0.34), SYTL: 84.62 (-0.71), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), DTYL: 73.05 (-1.75), RWL: 40.81 (-0.11), IEI: 122.59 (+0.16), SFLA: 176.74 (unch), TYD: 42.97 (unch), RSP: 80.27 (-0.17), SH: 21.74 (+0.04), IEF: 105.69 (+0.37), PST: 25.10 (-0.17), UST: 55.59 (+0.36), SSO: 130.08 (-0.36), DTYS: 23.06 (-0.38), IVV: 209.05 (-0.25), TYNS: 31.12 (-0.01), BXUC: 299.86 (unch), VOO: 190.46 (-0.19), SDS: 21.96 (+0.04), BXUB: 201.74 (unch)
Treasurys hold gains after strong GDP print
Seeking Alpha - at Seeking Alpha - Tue Nov 25, 7:50AM CST
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), TBZ: 29.92 (+0.01), DFVL: 61.39 (+0.42), DLBL: 71.70 (-0.59), TLO: 70.69 (+0.72), UBT: 75.10 (+1.01), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), ITE: 60.00 (unch), TYO: 19.24 (-0.17), TTT: 47.30 (-1.21), SCHR: 53.59 (+0.09), GSY: 50.11 (+0.01), SYTL: 84.62 (-0.71), TYBS: 24.21 (unch), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), DTYL: 73.05 (-1.75), IEI: 122.59 (+0.16), TYD: 42.97 (unch), PST: 25.10 (-0.17), IEF: 105.69 (+0.37), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), TMV: 35.82 (-0.87), LBND: 50.46 (+1.25), SBND: 5.60 (-0.12), TBF: 26.17 (-0.23), VGLT: 75.47 (+0.63), TMF: 77.69 (+1.82)
Gundlach: Boxed-in Fed has to hike rates in 2015
Seeking Alpha - at Seeking Alpha - Mon Nov 24, 11:44AM CST
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), TBZ: 29.92 (+0.01), DLBL: 71.70 (-0.59), DFVL: 61.39 (+0.42), TLO: 70.69 (+0.72), UBT: 75.10 (+1.01), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), TYO: 19.24 (-0.17), ITE: 60.00 (unch), TTT: 47.30 (-1.21), SCHO: 50.65 (unch), GSY: 50.11 (+0.01), SCHR: 53.59 (+0.09), SYTL: 84.62 (-0.71), TYBS: 24.21 (unch), IEI: 122.59 (+0.16), DTYL: 73.05 (-1.75), TYD: 42.97 (unch), IEF: 105.69 (+0.37), PST: 25.10 (-0.17), DTUS: 35.46 (+0.03), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), TMV: 35.82 (-0.87), DTUL: 60.73 (+0.13), SBND: 5.60 (-0.12), TBF: 26.17 (-0.23), TUZ: 50.99 (unch), SHY: 84.69 (+0.05), VGLT: 75.47 (+0.63), TMF: 77.69 (+1.82), SHV: 110.26 (unch), FLAT: 60.04 (+0.33), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), LBND: 50.46 (+1.25), STPP: 35.95 (-0.11), TAPR: 39.28 (+0.03), BIL: 45.74 (unch), SST: 30.15 (+0.02), VGSH: 61.04 (+0.01), PLW: 32.42 (+0.15), GOVT: 25.09 (+0.01)
Dow turns positive, then pulls back, after FOMC minutes
Seeking Alpha - at Seeking Alpha - Wed Nov 19, 1:25PM CST
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), DFVL: 61.39 (+0.42), TBZ: 29.92 (+0.01), DLBL: 71.70 (-0.59), TLO: 70.69 (+0.72), FLAT: 60.04 (+0.33), UBT: 75.10 (+1.01), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), ITE: 60.00 (unch), TYO: 19.24 (-0.17), SCHO: 50.65 (unch), TTT: 47.30 (-1.21), SCHR: 53.59 (+0.09), GSY: 50.11 (+0.01), TYBS: 24.21 (unch), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), DTYL: 73.05 (-1.75), IEI: 122.59 (+0.16), TYD: 42.97 (unch), PST: 25.10 (-0.17), IEF: 105.69 (+0.37), DTUS: 35.46 (+0.03), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), TMV: 35.82 (-0.87), DTUL: 60.73 (+0.13), LBND: 50.46 (+1.25), SBND: 5.60 (-0.12), STPP: 35.95 (-0.11), TBF: 26.17 (-0.23), TAPR: 39.28 (+0.03), TUZ: 50.99 (unch), SHY: 84.69 (+0.05), BIL: 45.74 (unch), VGLT: 75.47 (+0.63), SST: 30.15 (+0.02), VGSH: 61.04 (+0.01), GOVT: 25.09 (+0.01), TMF: 77.69 (+1.82), PLW: 32.42 (+0.15), SHV: 110.26 (unch)
"Conundrum" version 2.0
Seeking Alpha - at Seeking Alpha - Wed Nov 19, 8:58AM CST
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), DFVL: 61.39 (+0.42), TBZ: 29.92 (+0.01), DLBL: 71.70 (-0.59), TLO: 70.69 (+0.72), UBT: 75.10 (+1.01), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), ITE: 60.00 (unch), TYO: 19.24 (-0.17), TTT: 47.30 (-1.21), SCHR: 53.59 (+0.09), GSY: 50.11 (+0.01), SYTL: 84.62 (-0.71), TYBS: 24.21 (unch), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), DTYL: 73.05 (-1.75), IEI: 122.59 (+0.16), TYD: 42.97 (unch), PST: 25.10 (-0.17), IEF: 105.69 (+0.37), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), TMV: 35.82 (-0.87), LBND: 50.46 (+1.25), SBND: 5.60 (-0.12), TBF: 26.17 (-0.23), TAPR: 39.28 (+0.03), VGLT: 75.47 (+0.63), TMF: 77.69 (+1.82), PLW: 32.42 (+0.15), GOVT: 25.09 (+0.01)
You Are Using HYG And JNK All Wrong, Here Is What To Do About It
The Macro Trader - Seeking Alpha - Sat Nov 15, 11:35AM CST
Historically junk bonds, also known as high yield bonds, correlate quite well with equities. In fact we have built timing systems that use junk bonds as a trend confirmation indicator that have done quite well from a historical perspective. Because...
JNK: 39.17 (-0.04), HYG: 90.38 (-0.06), IEI: 122.59 (+0.16), SJB: 27.94 (-0.04), SPY: 207.66 (-0.23), IEF: 105.69 (+0.37), XOVR: 26.07 (-0.03), QLTC: 50.00 (-0.16), ANGL: 27.42 (+0.28), UJB: 57.22 (-0.06), HYLS: 50.77 (+0.07), HYLD: 44.63 (-0.47), TLT: 121.80 (+1.01)
The Next Big Short Strategy: Rise And Fall Of Fixed Income ETFs
Macro Strategist - at Seeking Alpha - Mon Nov 03, 10:11AM CST
VCIT: 86.24 (+0.23), SJNK: 29.30 (-0.04), HYEM: 24.19 (-0.08), VCSH: 79.93 (+0.03), HYLD: 44.63 (-0.47), TLT: 121.80 (+1.01), JNK: 39.17 (-0.04), HYS: 103.25 (+0.02), SCHO: 50.65 (unch), EMB: 112.93 (+0.13), EMLC: 22.06 (-0.06), HYG: 90.38 (-0.06), IEI: 122.59 (+0.16), IEF: 105.69 (+0.37), UST: 55.59 (+0.36), PHB: 18.86 (unch), VCLT: 90.40 (+0.43), TMV: 35.82 (-0.87), LEMB: 46.70 (-0.21), PCY: 28.82 (unch), BSJF: 26.41 (+0.04), ELD: 43.12 (-0.06), LQD: 118.85 (+0.19), SHY: 84.69 (+0.05), BIL: 45.74 (unch), CIU: 109.68 (+0.15), VGSH: 61.04 (+0.01), SHV: 110.26 (unch)
QE3 R.I.P.
Calafia Beach Pundit - Seeking Alpha - Thu Oct 30, 4:41AM CDT
Wednesday the Federal Reserve confirmed what the bond market has been expecting for many months: QE3 has ended, effective this week. What we don't know yet, however, is whether the end of QE3 will lead to another round of economic and financial...
IEI: 122.59 (+0.16), TBX: 30.68 (-0.11), DTYL: 73.05 (-1.75), DFVS: 35.37 (-0.11), TYD: 42.97 (unch), TBZ: 29.92 (+0.01), DFVL: 61.39 (+0.42), IEF: 105.69 (+0.37), PST: 25.10 (-0.17), SINF: 46.16 (+2.18), UST: 55.59 (+0.36), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), RINF: 32.62 (-0.10), FINF: 41.43 (+0.11), ITE: 60.00 (unch), TYO: 19.24 (-0.17), INFL: 45.00 (unch), GSY: 50.11 (+0.01), SCHR: 53.59 (+0.09), UINF: 29.68 (-0.48), FIVZ: 80.05 (unch), DEFL: 55.77 (unch), VGIT: 64.47 (+0.10)
Why Regional Banks Are Moving Higher
Andrew Sachais - at Seeking Alpha - Tue Oct 28, 3:43PM CDT
KRE: 39.78 (-0.08), IEI: 122.59 (+0.16), KBE: 33.20 (-0.03), SPY: 207.66 (-0.23), KRS: 28.24 (+0.69), KBWB: 37.75 (+0.12), KBWR: 38.82 (+0.16), RKH: 56.62 (-0.19), KRU: 87.06 (+0.25), QABA: 35.83 (-0.08), IAT: 34.32 (+0.05), TLT: 121.80 (+1.01)
Making Sense Of The Bond Market
Saturna Capital - Seeking Alpha - Tue Oct 28, 1:46PM CDT
[Originally published September, 2014] By Phelps Mcllvaine, Bond Portfolio Manager A persistent reduction in the US inflation rate and well-anchored inflation expectations continue to contradict the common understanding that interest rates have...
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), TBZ: 29.92 (+0.01), DFVL: 61.39 (+0.42), DLBL: 71.70 (-0.59), TLO: 70.69 (+0.72), UBT: 75.10 (+1.01), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), ITE: 60.00 (unch), TYO: 19.24 (-0.17), TTT: 47.30 (-1.21), SCHR: 53.59 (+0.09), GSY: 50.11 (+0.01), TYBS: 24.21 (unch), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), DTYL: 73.05 (-1.75), IEI: 122.59 (+0.16), TYD: 42.97 (unch), PST: 25.10 (-0.17), IEF: 105.69 (+0.37), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), TMV: 35.82 (-0.87), LBND: 50.46 (+1.25), SBND: 5.60 (-0.12), TBF: 26.17 (-0.23), VGLT: 75.47 (+0.63), TMF: 77.69 (+1.82)
A 'Smarter' Way Of Reaching For Yield
Cam Hui, CFA - at Seeking Alpha - Sun Oct 19, 1:18PM CDT
In general, I am not in favor of reaching for yield as the practice can entail a high degree of risk that income oriented investors cannot tolerate. I do understand, however, the dilemma facing such investors who need a regular stream of income. For...
HYG: 90.38 (-0.06), IEI: 122.59 (+0.16), IEF: 105.69 (+0.37), EMB: 112.93 (+0.13)
What The High Yield Credit Spread Means For Financial Markets
Andrew Sachais - Seeking Alpha - Thu Oct 16, 7:13AM CDT
The spread on high yield credit over the risk-free rate has expanded as weaker economic data pushes money out of riskier assets and into lower beta assets. iShares iBoxx $ High Yield Corporate Bond (NYSEARCA: HYG ) is down nearly 4% since...
HYG: 90.38 (-0.06), IEI: 122.59 (+0.16), MUB: 109.80 (+0.07), AGG: 110.09 (+0.33)
Panic buying in Treasurys - 10-year yield plunges to 2%
Seeking Alpha - at Seeking Alpha - Wed Oct 15, 8:35AM CDT
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), DFVL: 61.39 (+0.42), TBZ: 29.92 (+0.01), DLBL: 71.70 (-0.59), TLO: 70.69 (+0.72), UBT: 75.10 (+1.01), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), ITE: 60.00 (unch), TYO: 19.24 (-0.17), TTT: 47.30 (-1.21), SCHR: 53.59 (+0.09), GSY: 50.11 (+0.01), TYBS: 24.21 (unch), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), DTYL: 73.05 (-1.75), IEI: 122.59 (+0.16), TYD: 42.97 (unch), PST: 25.10 (-0.17), IEF: 105.69 (+0.37), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), TYNS: 31.12 (-0.01), TMV: 35.82 (-0.87), LBND: 50.46 (+1.25), SBND: 5.60 (-0.12), TBF: 26.17 (-0.23), TAPR: 39.28 (+0.03), VGLT: 75.47 (+0.63), TMF: 77.69 (+1.82), PLW: 32.42 (+0.15), GOVT: 25.09 (+0.01)
Treasury yields tumble after weak data; S&P futures down 1%
Seeking Alpha - at Seeking Alpha - Wed Oct 15, 7:41AM CDT
TLH: 133.94 (+0.68), TBX: 30.68 (-0.11), DFVS: 35.37 (-0.11), DLBL: 71.70 (-0.59), TBZ: 29.92 (+0.01), DFVL: 61.39 (+0.42), TLO: 70.69 (+0.72), UBT: 75.10 (+1.01), SPLX: 31.38 (+0.33), TLT: 121.80 (+1.01), TBT: 50.14 (-0.82), DLBS: 23.23 (-0.53), ZROZ: 113.32 (+1.35), SPXU: 37.94 (+0.15), SPY: 207.66 (-0.23), TYO: 19.24 (-0.17), ITE: 60.00 (unch), TTT: 47.30 (-1.21), GSY: 50.11 (+0.01), SCHR: 53.59 (+0.09), SPXL: 89.66 (-0.34), TYBS: 24.21 (unch), SPYG: 97.91 (+0.04), IEI: 122.59 (+0.16), DTYL: 73.05 (-1.75), RWL: 40.81 (-0.11), TYD: 42.97 (unch), RSP: 80.27 (-0.17), IEF: 105.69 (+0.37), PST: 25.10 (-0.17), EDV: 118.24 (+1.10), DTYS: 23.06 (-0.38), IVV: 209.05 (-0.25), TYNS: 31.12 (-0.01), TMV: 35.82 (-0.87), IVW: 113.10 (-0.04), SPYV: 102.34 (-0.24), SBND: 5.60 (-0.12), TBF: 26.17 (-0.23), SDS: 21.96 (+0.04), VGLT: 75.47 (+0.63), TMF: 77.69 (+1.82), VOOG: 101.40 (+0.03), UPRO: 135.61 (-0.53), EPS: 72.55 (-0.18), IVE: 94.35 (-0.19), FIVZ: 80.05 (unch), VGIT: 64.47 (+0.10), SH: 21.74 (+0.04), UST: 55.59 (+0.36), TENZ: 85.11 (+0.16), SSO: 130.08 (-0.36), RPV: 54.98 (-0.18), LBND: 50.46 (+1.25), VOO: 190.46 (-0.19), BXUB: 201.74 (unch), VOOV: 90.66 (-0.31), RPG: 80.09 (-0.06)
What the Rush Into Treasury Bonds Is Signaling About Stocks
at The Street - Wed Oct 15, 5:10AM CDT
Now that the Fed's bond-buying program is ending, interest rate worries have become even more magnified, leading investors to flee high-yield corporate bonds for Treasurys.
HYG: 90.38 (-0.06), IEI: 122.59 (+0.16), SPY: 207.66 (-0.23), IWM: 116.81 (-0.56)
Oily Artifice
Joseph Calhoun - Seeking Alpha - Wed Oct 15, 1:35AM CDT
By Jeffrey P. Snider It is worth furthering the point raised by San Francisco Fed President John Williams. Just as when QE2 ended it wasn't the end of QE in America, the belated end of QE3 and QE4 also may be just a temporary interruption. Mr....
USO: 25.34 (-0.24), IEI: 122.59 (+0.16), UCO: 16.16 (-0.31), IEF: 105.69 (+0.37), OLO: 9.56 (-0.63), DTO: 57.88 (+1.07), BNO: 27.35 (-0.16), UWTI: 9.89 (-0.29), SCO: 52.14 (+0.83), CRUD: 31.57 (-0.44), SZO: 51.92 (+2.90), DBO: 19.82 (-0.22), DNO: 44.98 (+0.25), OIL: 16.05 (-0.19), OLEM: 30.56 (-0.58), DWTI: 66.60 (+1.85), USL: 31.93 (-0.30)
Tighter Monetary Conditions - Not Lower Oil Prices - Are Pushing Down Inflation Expectations
Lars Christensen - Seeking Alpha - Tue Oct 14, 8:42AM CDT
Oil prices are tumbling and so are inflation expectations so it is only natural to conclude that the drop in inflation expectations is caused by a positive supply shock - lower oil prices. However, that is not necessarily the case. In fact I believe...
USO: 25.34 (-0.24), IEI: 122.59 (+0.16), UCO: 16.16 (-0.31), OLO: 9.56 (-0.63), IEF: 105.69 (+0.37), DTO: 57.88 (+1.07), BNO: 27.35 (-0.16), UWTI: 9.89 (-0.29), SCO: 52.14 (+0.83), CRUD: 31.57 (-0.44), SPY: 207.66 (-0.23), SZO: 51.92 (+2.90), DNO: 44.98 (+0.25), DBO: 19.82 (-0.22), OIL: 16.05 (-0.19), OLEM: 30.56 (-0.58), DWTI: 66.60 (+1.85), USL: 31.93 (-0.30)
iShares 3-7 Year Treasury Bond ETF (IEI) : Take profit @ $122.7
Trading Central - Mon Oct 13, 1:54PM CDT
The iShares 3-7 Year Treasury Bond ETF (IEI) has reached our stop loss which was set at $122.70. Performance: -1.14%.
IEI: 122.59 (+0.16)
IEI, PSDV, DTT, CPIX, ERII, FLM Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Sep 23, 3:29AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Imperial Equities Inc (NYSE:IEI), pSivida Corp (NASDAQ
IEI: 122.59 (+0.16), FLM: 44.76 (-0.17), PSDV: 4.32 (-0.08), DB: 32.31 (-0.41), CPIX: 5.21 (-0.07), DTT: 25.37 (-0.05), IEI.VN: 4.500 (-0.500), ERII: 4.68 (+0.15)