United States Treasury 10-year bond

USA

United States Treasury 10-Year bond increases after finding support [Implied Yield 2.201%] 17 August, 2017

NEWS BITES - BONDS

United States Treasury 10-Year bond, has increased 0.2% after hitting the lower Bollinger Band twice in the last ten days. This is a bullish signal. The lower Bollinger Band marks the trajectory of support on a bond price. The bond matures in 9 years and 3 months; its yield to maturity has (YTM) decreased by 3.5 basis points from 2.24% to 2.201%.

U.S. 10-Year1-day1-week1-month3-months1-year
Price Change %0.20.40.10.941.04
YTM change (%)1.574.511.5742.83

SECTION 1

1.1 Maturity

IssuerUnited States
Maturity DateNovember 15, 2026

SECTION 2

U.S. 10-YEAR BULLISH SIGNALS

High Performance Indicators:

DescriptionValueRank In Market
Price Change %0.2In Top Quartile
Price/MAP2001.02In Top Quartile

SECTION 3

U.S. 10-YEAR BEARISH SIGNALS

Technicals:

+ The price decreased 0.1% in the last month.

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ U.S. 10-Year bond is at a discount of 1.7% to its 12-month high of $US102.22 on June 14. It is also at a premium of 6.2% to the 12-month low of $US94.63 on December 16, 2016.

+ The present value of $US1,000 (PV1000) invested one year ago in U.S. 10-Year is $US1,010, for a capital gain of $US10.

PV$10001-week1-month1-year
u.s.-10-year.N1,0049991,010

+ The present value of USD1,000 (PV1000) invested three years ago in U.S. Treasury 10-Year is $US1,002, for a capital gain of $US2.

+ 3 years Multiplier in USD = 1.002x

+ Compound Annual Growth Rate (CAGR) in USD = 0.1%

SECTION 5

PERFORMANCE RANK

+ The 10-Year bond yield is ranked 22 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)18,03711
GDP growth yoy (%)2.0937
Interest rate (%)1.0825
Inflation rate (%)2.21133
Public debt (USD) (billion)15,531.71965
Public debt per person (USD)48,7131861
Total annual debt change (%)10.31251
Debt to GDP (%)104.171858
Budget Deficit to GDP (%)3.21036
CAD to GDP (%)2.61343
Unemployment rate (%)4.4620
Population (million)321.133

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