United States Treasury 10-year bond

USA

United States Treasury 10-Year bond decreases [Implied Yield 2.864%] 17 August, 2018

NEWS BITES - BONDS

United States Treasury 10-Year bond has decreased 1.0c (or 0.01%) from its last trading session of August 16, 2018 to close at $US100.02. It fell for a second day on Friday bringing its two-day fall to 18.0c or 0.2%. The bond matures in 9 years and 9 months; its yield to maturity has (YTM) decreased by 0.9 basis point from 2.87% to 2.864%.

U.S. 10-Year1-day1-week1-month3-months1-year
Price Change %0.010.10.12.060.45
YTM change (%)0.310.310.248.2630.12

SECTION 1

1.1 Maturity

IssuerUnited States
Maturity DateMay 15, 2028

SECTION 2

U.S. 10-YEAR BEARISH SIGNALS

2.1 Technicals:

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

2.2 Overbought/Bearish/Resistance Signals:

+ The bond is overbought according to the Williams % R indicator of -18.4, suggesting the price is close to its 14-day high of $US100.27.

+ The Stochastic indicator of 87.0 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.

2.3 Low Performance Indicator:

DescriptionValueRank In Market
Price Change %-0.01In Bottom Quartile

SECTION 3

U.S. 10-YEAR BULLISH SIGNALS

High Performance Indicator:

DescriptionValueRank In Market
Price/MAP2001.01In Top Quartile

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ The U.S. 10-Year is at a discount of 2.0% to its 12-month high of $US102.09 traded on September 08, 2017.

+ It is at a premium of 5.4% to its 12-month low of $US94.88 traded on February 02.

+ The present value of $US1,000 (PV1000) invested one year ago in U.S. 10-Year is $US996, for a capital loss of $US4.

PV$10001-week1-month1-year
u.s.-10-year.N999999996

+ The present value of USD1,000 (PV1000) invested five years ago in U.S. Treasury 10-Year is $US1,031, for a capital gain of $US31.

+ 5 years Multiplier in USD = 1.031x

+ Compound Annual Growth Rate (CAGR) in USD = 0.6%

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
1Kenya13.154.058.746
2Brazil11.774.486.977
3Pakistan10.05.833.94
4South Africa9.044.64.25
5Russia8.692.56.039
6Indonesia7.993.184.662
7Mexico7.934.812.977
8India7.864.173.543
9Colombia6.853.123.62
10Philippines6.775.71.012
11Vietnam5.084.460.592
12Chile4.812.72.055
13Qatar4.263.50.736
14Malaysia4.060.83.233
15China3.662.11.524
16Hungary3.561.81.729
17Poland3.142.01.122
18Italy3.121.51.596
19United States2.862.9-0.035
20Thailand2.621.461.138
21Australia2.542.10.436
22South Korea2.441.50.921
23Singapore2.420.61.813
24Canada2.272.5-0.226
25Czech Republic2.180.21.979
26Israel1.951.40.546
27Portugal1.851.60.249
28Norway1.723.0-1.248
29Spain1.482.2-0.702
30United Kingdom1.242.5-1.234
31Bulgaria1.02.0-0.98
32Ireland0.860.80.057
33Taiwan0.831.75-0.904
34Belgium0.692.17-1.452
35France0.662.3-1.6
36Austria0.562.0-1.412
37Finland0.51.4-0.884
38Sweden0.482.1-1.587
39Netherlands0.432.1-1.635
40Germany0.312.0-1.661
41Denmark0.281.1-0.806
42Japan0.10.7-0.597

SECTION 6

MACROECONOMIC INDICATORS

IndicatorValue
GDP (USD Billion)19,391
GDP growth yoy (%)2.8
Interest rate (%)2.0
Inflation rate (%)2.9
Public debt (USD) (billion)15,531.7
Public debt per person (USD)48,713
Total annual debt change (%)10.3
Debt to GDP (%)105.4
Budget Deficit to GDP (%)3.5
CAD to GDP (%)2.4
Unemployment rate (%)3.9
Population (million)321.1

SECTION 7

CREDIT RATING SUMMARY

United States:

Rating AgencyLong TermForeign CurrencyDescription
MOODYAaa
S&PAA+Very strong capacity to meet financial commitments. The plus (+) sign shows relative standing within the major rating category.
FITCHAAA Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
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 minus (-) sign shows relative standing within the major rating category.

Source: www.BuySellSignals.com