United Kingdom Treasury 6-month bond

UK

[Implied Yield 0.438%] 19 January, 2018

NEWS BITES - BONDS

The bond matures in 5 months; its yield to maturity has (YTM) increased by 0.3 basis point from 0.43% to 0.438%.

UK 6-Month1-day1-week1-month3-months1-year
Price Change %0.0010.020.08
YTM change (%)0.692.582.5810.0560.44

SECTION 1

1.1 Maturity

IssuerUnited Kingdom

SECTION 2

UK 6-MONTH BULLISH SIGNALS

2.1 Technicals:

Oversold/Bullish/Support Signals:

+ The bond is oversold according to the Williams % R indicator of -83.3, suggesting the price is close to its 14-day low of GBP99.78.

2.2 High Performance Indicator:

DescriptionValueRank In Market
Price/MAP501.0In Top Quartile

SECTION 3

UK 6-MONTH BEARISH SIGNALS

Technicals:

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

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ The UK 6-Month is at a discount of 0.1% to its 12-month high of GBP99.91 traded on August 10, 2017.

+ It is at a premium of 0.02% to its 12-month low of GBP99.77 traded on November 16, 2017.

+ The present value of GBP1,000 (PV1000) invested one year ago in UK 6-Month is GBP999, for a capital loss of 79 GBP.

PV10001-week1-year
uk-6-month.L1,000999

SECTION 5

PERFORMANCE RANK

+ The 6-Month bond yield is ranked 10 out of 11 countries in the global sovereign bond index.

The table below shows today's 6-Month Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry6-Mo BondInflationReal Rate
1Kenya10.644.056.334
2Mexico7.576.770.749
3Russia7.172.54.556
4India6.415.211.141
5Pakistan6.04.571.368
6Indonesia4.583.610.931
7Philippines2.93.3-0.391
8Canada1.362.1-0.725
9Norway0.461.6-1.125
10United Kingdom0.443.0-2.487
11Hungary0.081.8-1.69

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