United States Treasury 3-year bond
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%.
|Price Change %||0.1||0.1||0.2||0.14||0.44|
|YTM change (%)||1.61||1.08||4.55||2.66||73.73|
|Maturity Date||December 15, 2019|
U.S. 3-YEAR BULLISH SIGNALS
+ 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:
|Description||Value||Rank In Market|
|Volatility %||0.02||In Top Quartile|
PRICE VOLUME DYNAMICS
+ 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.
+ 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(%).
|Rank||Country||3-Yr Bond||Inflation||Real Rate|
|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.|