United States Treasury 3-year bond

USA

[Implied Yield 1.717%] 20 October, 2017

NEWS BITES - BONDS

The bond matures in 2 years and 2 months; its yield to maturity has (YTM) increased by 1.1 basis points from 1.71% to 1.717%.

U.S. 3-Year1-day1-week1-month3-months1-year
Price Change %0.10.40.150.26
YTM change (%)0.645.147.7813.4875.03

SECTION 1

1.1 Maturity

IssuerUnited States
Maturity DateDecember 15, 2019

SECTION 2

U.S. 3-YEAR BEARISH SIGNALS

2.1 Technicals:

+ The price decreased 0.1% in the last week.

2.2 Overbought/Bearish/Resistance Signals:

+ The Relative Strength Index (RSI) of 79.4 has penetrated the overbought line of 70, suggesting the price gain of 0.4% in the last 14 days is unusually high.

SECTION 3

PRICE VOLUME DYNAMICS

Technicals:

+ The U.S. 3-Year is at a discount of 0.9% to its 12-month high of $US100.68 traded on April 07.

+ It is at a premium of 1.2% 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 $US997, for a capital loss of $US3.

PV$10001-week1-month1-year
u.s.-3-year.N9991,004997

SECTION 4

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 5

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