United Kingdom Treasury 1-year bond

UK

United Kingdom Treasury 1-Year bond rises for a second consecutive day, a two-day rise of 0.01% [Implied Yield 0.472%] 19 January, 2018

NEWS BITES - BONDS

United Kingdom Treasury 1-Year bond, has risen 0.40 GBX (or 0.004%) for a second consecutive day on Friday bringing its two-day rise to 0.60 GBX or 0.01%. The bond last traded at GBP100.40. The bond matures in 8 months; its yield to maturity has (YTM) decreased by 0.5 basis point from 0.48% to 0.472%.

UK 1-Year1-day1-week1-month3-months1-year
Price Change %0.0040.10.230.16
YTM change (%)1.054.2624.2119.19372.0

SECTION 1

1.1 Maturity

IssuerUnited Kingdom

SECTION 2

UK 1-YEAR BULLISH SIGNALS

2.1 Technicals:

Oversold/Bullish/Support Signals:

+ The Relative Strength Index (RSI) of 16.7 has breached the oversold line of 30, suggesting the price decrease of 0.1% in the last 14 days is unusually high.

+ The Stochastic indicator of 18.0 has pierced the oversold line of 20; this indicates the price is close to its 14-day low and is likely to revert to an uptrend.

2.2 High Performance Indicator:

DescriptionValueRank In Market
Volatility %0.03In Top Quartile

SECTION 3

UK 1-YEAR BEARISH SIGNALS

Technicals:

+ In the last three months the bond has hit a new 52-week low ten times, pointing to a significant downtrend.

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ The UK 1-Year is at a discount of 1.2% to its 12-month high of GBP101.64 traded on February 28, 2017.

+ It is at a premium of 0.03% to its 12-month low of GBP100.36 traded on January 18.

+ The present value of GBP1,000 (PV1000) invested one year ago in UK 1-Year is GBP998, for a capital loss of GBP2.

PV10001-week1-year
uk-1-year.L999998

SECTION 5

PERFORMANCE RANK

+ The 1-Year bond yield is ranked 20 out of 25 countries in the global sovereign bond index.

The table below shows today's 1-Year Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry1-Yr BondInflationReal Rate
1Kenya11.154.056.823
2Mexico7.656.770.824
3Brazil6.842.953.783
4Russia6.712.54.107
5India6.625.211.344
6Pakistan6.14.571.463
7Indonesia5.13.611.44
8China3.631.81.801
9Vietnam3.312.60.697
10Malaysia3.33.4-0.097
11Chile2.842.30.528
12Philippines2.83.3-0.486
13South Korea1.81.50.298
14Australia1.651.8-0.145
15Canada1.62.1-0.485
16Thailand1.390.780.605
17Singapore1.350.60.746
18Poland1.342.1-0.741
19Sweden0.951.7-0.733
20United Kingdom0.473.0-2.454
21Norway0.461.6-1.121
22Czech Republic0.440.20.237
23Israel0.150.4-0.251
24Hungary0.11.8-1.67
25Netherlands0.081.3-1.208

SECTION 6

MACROECONOMIC INDICATORS

IndicatorValueG20 RankGlobal Rank
GDP (USD Billion)2,64866
GDP growth yoy (%)1.71548
Interest rate (%)0.5620
Inflation rate (%)3.01441
Public debt (USD) (billion)2,795.71763
Public debt per person (USD)43,6961658
Total annual debt change (%)8.0837
Debt to GDP (%)89.31552
Budget Deficit to GDP (%)3.01035
CAD to GDP (%)4.42053
Unemployment rate (%)4.3819
Population (million)64.11219

SECTION 7

CREDIT RATING SUMMARY

United Kingdom:

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAA1
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAA+Very high credit quality: 'AA' ratings denote expectations of very low default risk. The plus (+) sign shows relative standing within the major rating category.
DAGONGA+High Credit Quality: "A" ratings denote expectations of relatively low default risk. The capacity for payment of financial commitments is considered sufficient. However, this capacity may be more vulnerable than those of the higher ratings to adverse business or economic conditions due to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.

Source: www.BuySellSignals.com