United States Treasury 3-year bond
[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%.
|Price Change %||0.1||0.4||0.15||0.26|
|YTM change (%)||0.64||5.14||7.78||13.48||75.03|
|Maturity Date||December 15, 2019|
U.S. 3-YEAR BEARISH SIGNALS
+ 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.
PRICE VOLUME DYNAMICS
+ 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.
|Indicator||Value||G20 Rank||Global Rank|
|GDP (USD Billion)||18,037||1||1|
|GDP growth yoy (%)||2.0||9||37|
|Interest rate (%)||1.0||8||25|
|Inflation rate (%)||2.2||11||33|
|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 (%)||104.17||18||58|
|Budget Deficit to GDP (%)||3.2||10||36|
|CAD to GDP (%)||2.6||13||43|
|Unemployment rate (%)||4.4||6||20|
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.|