United States Treasury 10-year bond
[Implied Yield 2.661%] 19 January, 2018
NEWS BITES - BONDS
The bond matures in 8 years and 10 months; its yield to maturity has (YTM) increased by 3.2 basis points from 2.63% to 2.661%.
|Price Change %||1.3||2.51||0.91|
|YTM change (%)||1.22||4.6||8.61||12.71||7.95|
|Maturity Date||November 15, 2026|
U.S. 10-YEAR BEARISH SIGNALS
+ The present value of USD1,000 (PV1000) invested three years ago in U.S. Treasury 10-Year is $US929, for a capital loss of $US71.
+ 3 years Multiplier in USD = 0.929x
+ Compound Annual Growth Rate (CAGR) in USD = -2.4%
2.2 Low Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||0.98||In Bottom Quartile|
U.S. 10-YEAR BULLISH SIGNALS
+ The Relative Strength Index (RSI) of 17.0 has breached the oversold line of 30, suggesting the price decrease of 1.7% in the last 14 days is unusually high.
+ The Stochastic indicator of 9.5 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.
PRICE VOLUME DYNAMICS
+ The U.S. 10-Year is at a discount of 5.2% to its 12-month high of $US102.22 traded on June 14, 2017.
+ It is at a premium of 1.5% to its 12-month low of $US95.42 traded on January 27, 2017.
+ The present value of $US1,000 (PV1000) invested one year ago in U.S. 10-Year is $US1,009, for a capital gain of $US9.
|Indicator||Value||G20 Rank||Global Rank|
|GDP (USD Billion)||18,624||1||1|
|GDP growth yoy (%)||2.3||11||41|
|Interest rate (%)||1.5||8||26|
|Inflation rate (%)||2.1||10||32|
|Public debt (USD) (billion)||15,531.7||19||65|
|Public debt per person (USD)||48,713||18||61|
|Total annual debt change (%)||10.3||12||51|
|Debt to GDP (%)||106.1||18||59|
|Budget Deficit to GDP (%)||3.5||13||40|
|CAD to GDP (%)||2.6||12||43|
|Unemployment rate (%)||4.1||7||17|
CREDIT RATING SUMMARY
|Rating Agency||Long Term||Foreign Currency||Description|
|S&P||AA+||Very strong capacity to meet financial commitments. The plus (+) sign shows relative standing within the major rating category.|
|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.|
|DAGONG||A-||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.|