German Treasury 3-month bond
Germany 3-Month in 3rd consecutive fall, nears two-month low 24 May, 2018
NEWS BITES - BONDS
Germany Treasury 3-Month bond, slipped further on Thursday, sliding an additional 0.40c (or 0.004%) to trade at EUR100.14. The bond decreased 0.004% on Tuesday and 0.004% on Wednesday bringing its 3-day fall to 0.01%. It is now approaching its 44-day low of EUR100.13.
|Price Change %||0.01||0.1||0.05||0.08|
GERMANY 3-MONTH BEARISH SIGNALS
+ The price decreased 0.01% in the last week and 0.1% in the last month.
+ In the last three months the bond has hit a new 52-week low thrice.
+ Falls to Rises in the past month: the number of falls outnumbered rises 19:1. The bond traded in 20 of the 22 trading days.
GERMANY 3-MONTH BULLISH SIGNALS
+ The bond is oversold according to the Williams % R indicator of -98.0, suggesting the price is close to its 14-day low of EUR100.13.
2.2 High Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||1.0||In Top 8%|
PRICE VOLUME DYNAMICS
+ The Germany 3-Month is at a discount of 0.1% to its 12-month high of EUR100.25 traded on April 11.
+ It is at a premium of 0.1% to its 12-month low of EUR100.07 traded on April 10.
+ The present value of EUR1,000 (PV1000) invested one year ago in Germany 3-Month is EUR999, for a capital loss of 78c.
|GDP (USD Billion)||3,467|
|GDP growth yoy (%)||2.3|
|Interest rate (%)||0.05|
|Inflation rate (%)||1.6|
|Public debt (USD) (billion)||2,792.9|
|Public debt per person (USD)||34,200|
|Debt to GDP (%)||64.1|
|Budget Surplus to GDP (%)||1.3|
|Current account Surplus to GDP (%)||8.0|
|Unemployment rate (%)||3.4|
CREDIT RATING SUMMARY
|Rating Agency||Long Term||Description|
|FITCH||AAA||Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.|