Australian Treasury 10-year bond

AUSTR

Australia 10-Year inches higher, resistance at 12-day EMA [Implied Yield 2.651%] 17 August, 2017

NEWS BITES - BONDS

Australia Treasury 10-Year bond, has increased 0.2% but fell short of the 12-day Exponential Moving Average [EMA] of $A100.93. The bond matures in 9 years and 8 months; its yield to maturity has (YTM) decreased by 3.2 basis points from 2.68% to 2.651%.

Australia 10-Year1-day1-week1-month3-months1-year
Price Change %0.20.10.715.4516.36
YTM change (%)1.190.423.146.1739.53

SECTION 1

1.1 Maturity

IssuerAustralia
Maturity DateApril 21, 2027

SECTION 2

AUSTRALIA 10-YEAR BULLISH SIGNALS

2.1 Technicals:

+ The price increased 0.1% in the last week and 0.7% in the last month.

2.2 High Performance Indicator:

DescriptionValueRank In Market
Price Change %0.2In Top Quartile

SECTION 3

AUSTRALIA 10-YEAR BEARISH SIGNALS

3.1 Technicals:

+ In the last three months the bond has hit a new 52-week low twice.

+ The present value of $A1,000 (PV1000) invested one year ago in Australia 10-Year is $A836, for a capital loss of $A164.

PV$10001-week1-month1-year
australia-10-year.AU1,0011,007836

3.2 Low Performance Indicators:

DescriptionValueRank In Market
Volatility %0.4In Bottom Quartile
Price/MAP2000.87In Bottom 7%
Price/MAP500.94In Bottom 5%

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ Australia 10-Year bond is at a discount of 21.0% to its 12-month high of $A127.69 on August 31, 2016. It is also at a premium of 6.4% to the 12-month low of $A94.80 on July 11.

+ The present value of AUD1,000 (PV1000) invested three years ago in Australia Treasury 10-Year is $A1,066, for a capital gain of $A66.

+ 3 years Multiplier in AUD = 1.066x

+ Compound Annual Growth Rate (CAGR) in AUD = 2.1%

Present Value of USD1,000 invested 3 years ago:

+ The present value of USD1,000 (PV1000) invested three years ago in Australia Treasury 10-Year is $US904, for a capital loss of $US96.

+ 3 years ago AUD 1 equalled USD 0.9322

+ 3 years Multiplier in USD = 0.904x

+ Compound Annual Growth Rate (CAGR) in USD = -3.3%

Aug 17, 2017: AUD 1 equals USD 0.7904

SECTION 5

PERFORMANCE RANK

+ The 10-Year bond yield is ranked 19 out of 42 countries in the global sovereign bond index.

The table below shows today's 10-Year Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry10-Yr BondInflationReal Rate
1Kenya13.04.058.602
2Brazil10.224.085.899
3South Africa8.516.12.267
4Pakistan8.14.783.169
5Russia7.784.13.535
6Indonesia6.914.172.627
7Mexico6.835.820.954
8Colombia6.744.661.983
9India6.532.993.441
10Vietnam5.416.69-1.202
11Philippines5.073.41.614
12Chile4.332.71.587
13Malaysia3.985.1-1.062
14China3.621.22.388
15Poland3.362.01.334
16Qatar3.323.5-0.175
17Hungary3.191.81.365
18Portugal2.792.00.775
19Australia2.652.10.54
20Thailand2.410.382.022
21South Korea2.321.90.412
22United States2.22.20.001
23Singapore2.150.71.441
24Italy2.031.90.124
25Canada1.851.60.244
26Israel1.770.71.06
27Bulgaria1.752.0-0.245
28Norway1.62.2-0.585
29Spain1.432.6-1.14
30United Kingdom1.092.3-1.178
31Taiwan1.050.120.929
32Czech Republic0.880.20.676
33Ireland0.760.9-0.137
34Belgium0.732.28-1.513
35France0.721.2-0.471
36Sweden0.651.9-1.224
37Austria0.62.0-1.373
38Denmark0.551.1-0.542
39Netherlands0.541.6-1.039
40Finland0.430.8-0.364
41Germany0.422.0-1.55
42Japan0.040.2-0.155

SECTION 6

MACROECONOMIC INDICATORS

IndicatorValueG20 RankGlobal Rank
GDP (USD Billion)1,3401313
GDP growth yoy (%)2.4732
Interest rate (%)1.51029
Inflation rate (%)2.11032
Public debt (USD) (billion)400.9750
Public debt per person (USD)16,8191240
Total annual debt change (%)0.539
Debt to GDP (%)41.1624
Budget Deficit to GDP (%)2.4526
CAD to GDP (%)2.71444
Unemployment rate (%)5.881227
Population (million)23.91935

SECTION 7

CREDIT RATING SUMMARY

Australia:

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAA+"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.

Source: www.BuySellSignals.com