United States Treasury 3-year bond

USA

United States Treasury 3-Year bond increases [Implied Yield 1.468%] 17 August, 2017

NEWS BITES - BONDS

United States Treasury 3-Year bond has increased 5.0c (or 0.1%) from its last trading session of August 16, 2017 to close at $US100.10. It rose for a second day on Thursday bringing its two-day rise to 14.0c or 0.1%. The bond matures in 2 years and 4 months; its yield to maturity has (YTM) decreased by 2.4 basis points from 1.49% to 1.468%.

U.S. 3-Year1-day1-week1-month3-months1-year
Price Change %0.10.10.20.140.44
YTM change (%)1.611.084.552.6673.73

SECTION 1

1.1 Maturity

IssuerUnited States
Maturity DateDecember 15, 2019

SECTION 2

U.S. 3-YEAR BULLISH SIGNALS

2.1 Technicals:

+ The price increased 0.1% in the last week and 0.2% in the last month.

+ Rises to Falls in the past month: the number of rises outnumbered falls 13:7 or 1.9:1. The bond traded in 20 of the 23 trading days.

2.2 High Performance Indicator:

DescriptionValueRank In Market
Volatility %0.02In Top Quartile

SECTION 3

PRICE VOLUME DYNAMICS

Technicals:

+ The U.S. 3-Year is at a discount of 0.6% to its 12-month high of $US100.68 traded on April 07.

+ It is at a premium of 1.4% to its 12-month low of $US98.67 traded on November 25, 2016.

+ The present value of $US1,000 (PV1000) invested one year ago in U.S. 3-Year is $US1,004, for a capital gain of $US4.

PV$10001-week1-month1-year
u.s.-3-year.N1,0011,0021,004

SECTION 4

PERFORMANCE RANK

+ The 3-Year bond yield is ranked 18 out of 25 countries in the global sovereign bond index.

The table below shows today's 3-Year Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry3-Yr BondInflationReal Rate
1Kenya12.154.057.785
2Brazil9.264.084.972
3Russia7.844.13.593
4South Africa7.286.11.112
5Mexico6.735.820.86
6Indonesia6.584.172.315
7Pakistan6.44.781.547
8India6.392.993.297
9Colombia5.854.661.137
10Vietnam4.46.69-2.146
11Philippines3.853.40.437
12China3.511.22.285
13Malaysia3.415.1-1.608
14Chile3.12.70.389
15Poland2.182.00.174
16Australia1.992.1-0.109
17South Korea1.81.9-0.096
18United States1.472.2-0.716
19Canada1.321.6-0.276
20Hungary0.911.8-0.874
21United Kingdom0.252.3-2.004
22Israel0.220.7-0.475
23Italy0.161.9-1.706
24Portugal0.152.0-1.817
25Bulgaria0.12.0-1.863

SECTION 5

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 6

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