bund & c.: la partenza a razzo. Seduti? Pronti? Viaaaaaa
- Creatore Discussione maria
- Data di Inizio
:smile:
Fleursdumal
फूल की बुराई
Marì sei un diavolo 
:smile:
:smile: gastronomo
Forumer storico
grafi IW bloccati 
, voi?
, voi?
Fleursdumal
फूल की बुराई
gastronomo ha scritto:grafi IW bloccati
funzia tutto
stai mettendo sù una ipotesi di spread aussie-kiwi? in passato quando trattavo il $australiano lo trattavo anche in combinazione con l'oro
magari facciamo aprire una sezione staccata forex da Maria che porta bene
gastronomo
Forumer storico
non li tradi più? ahime son stato avido e sono rimasto col cerino in mano (uscito due ore fatali 
senza lasciare livelli in macchina, il solito somaro) - comunque divertenti
senza lasciare livelli in macchina, il solito somaro) - comunque divertentigastronomo
Forumer storico
Long U.S. yields hold tight despite Fed, inflation
Fri Oct 21, 2005 11:29 AM ET
By Richard Leong
NEW YORK, Oct 21 (Reuters) - Yields on long-dated U.S. Treasury bonds will not stray far from current levels despite signs of rising price pressure and a Federal Reserve vigilant about holding down inflation, market observers said.
Historically high commodity prices, especially for oil, and a tightening labor market have kept the Fed and investors on their toes. However, their outlook for benign inflation and stable long-term rates remain unshaken, analysts said.
"Implied inflation is in line with expectations," said Alex Roever, short-term fixed-income strategist at J.P. Morgan Securities.
On the other hand, a small segment in the market argued that current yields underestimate inflation and how high the Fed will raise short-term U.S. interest rates.
"I think inflation at the core level is picking up and there'll be demand for higher yields," said Jim Paulsen, chief investment officer at Wells Capital Management. "The curve is too low in terms of yields."
The 10-year Treasury yield (US10YT=RR: Quote, Profile, Research) , a proxy of inflation expectations, rose to 4.53 percent a week ago, its highest level since late March, on worries that some companies are finally passing higher costs through to consumers.
On Friday, the 10-year yield was down to 4.41 percent.
"Everything is priced very appropriately," said Richard Gordon, fixed income market strategist at Wachovia Securities. "It (the market) absorbed a lot of bad news."
LONG YIELD HITS CEILING
The 10-year yield failed to break above last week's peak despite a slew of economic reports that confirmed inflation is indeed on the rise.
"The recent sell-off in yields may be due for a correction," Barclays Capital's analysts said in a client note on Friday.
U.S. producer prices rose by a surprisingly large 1.9 percent in September, the biggest monthly increase in more than 15 years. The producer price index (USPPI=ECI: Quote, Profile, Research) was running 6.9 percent higher than a year ago, driven by a 28 percent surge in energy prices, the government said this week.
The PPI core rate, which excludes volatile food and energy prices, was up 0.3 percent in September, bringing the 12-month total increase to 2.6 percent.
The Fed's "beige book" on regional economic conditions showed cost increases from higher energy prices as a result of output disruptions from Hurricanes Katrina and Rita. Moreover, some Fed districts reported that higher input costs were passed through to retail prices.
"People are not that concerned about inflation," Wells' Paulsen said. "If they were in a panic, they would have run away with yields."
MEASURED FED
Since the Fed's policy meeting in September, Fed officials have suggested that the U.S. central bank will continue to embark on its rate-raising campaign to hold down inflation as the economy chugs along.
"There's enough undertone in the economy for them to keep going," Wells' Paulsen said.
The Fed has increased the key federal funds rate to 3.75 percent from 1.00 percent in June 2004.
Fed fund futures (0#FF:: Quote, Profile, Research) have factored in the Fed hiking rates by 25 basis points at each of its next three meetings. The Fed could pause after the January 2006 meeting, which marks the end of Alan Greenspan's tenure as Fed chairman.
Most analysts concluded this week's yield decline was a technical correction before yields resume their recent ascent.
"The short-end will continue to rise," said J.P. Morgan's Roever. "Long rates will move grudgingly higher."
Analysts interviewed forecast that the 10-year yield will unlikely climb above 4.80 percent by year-end
Fri Oct 21, 2005 11:29 AM ET
By Richard Leong
NEW YORK, Oct 21 (Reuters) - Yields on long-dated U.S. Treasury bonds will not stray far from current levels despite signs of rising price pressure and a Federal Reserve vigilant about holding down inflation, market observers said.
Historically high commodity prices, especially for oil, and a tightening labor market have kept the Fed and investors on their toes. However, their outlook for benign inflation and stable long-term rates remain unshaken, analysts said.
"Implied inflation is in line with expectations," said Alex Roever, short-term fixed-income strategist at J.P. Morgan Securities.
On the other hand, a small segment in the market argued that current yields underestimate inflation and how high the Fed will raise short-term U.S. interest rates.
"I think inflation at the core level is picking up and there'll be demand for higher yields," said Jim Paulsen, chief investment officer at Wells Capital Management. "The curve is too low in terms of yields."
The 10-year Treasury yield (US10YT=RR: Quote, Profile, Research) , a proxy of inflation expectations, rose to 4.53 percent a week ago, its highest level since late March, on worries that some companies are finally passing higher costs through to consumers.
On Friday, the 10-year yield was down to 4.41 percent.
"Everything is priced very appropriately," said Richard Gordon, fixed income market strategist at Wachovia Securities. "It (the market) absorbed a lot of bad news."
LONG YIELD HITS CEILING
The 10-year yield failed to break above last week's peak despite a slew of economic reports that confirmed inflation is indeed on the rise.
"The recent sell-off in yields may be due for a correction," Barclays Capital's analysts said in a client note on Friday.
U.S. producer prices rose by a surprisingly large 1.9 percent in September, the biggest monthly increase in more than 15 years. The producer price index (USPPI=ECI: Quote, Profile, Research) was running 6.9 percent higher than a year ago, driven by a 28 percent surge in energy prices, the government said this week.
The PPI core rate, which excludes volatile food and energy prices, was up 0.3 percent in September, bringing the 12-month total increase to 2.6 percent.
The Fed's "beige book" on regional economic conditions showed cost increases from higher energy prices as a result of output disruptions from Hurricanes Katrina and Rita. Moreover, some Fed districts reported that higher input costs were passed through to retail prices.
"People are not that concerned about inflation," Wells' Paulsen said. "If they were in a panic, they would have run away with yields."
MEASURED FED
Since the Fed's policy meeting in September, Fed officials have suggested that the U.S. central bank will continue to embark on its rate-raising campaign to hold down inflation as the economy chugs along.
"There's enough undertone in the economy for them to keep going," Wells' Paulsen said.
The Fed has increased the key federal funds rate to 3.75 percent from 1.00 percent in June 2004.
Fed fund futures (0#FF:: Quote, Profile, Research) have factored in the Fed hiking rates by 25 basis points at each of its next three meetings. The Fed could pause after the January 2006 meeting, which marks the end of Alan Greenspan's tenure as Fed chairman.
Most analysts concluded this week's yield decline was a technical correction before yields resume their recent ascent.
"The short-end will continue to rise," said J.P. Morgan's Roever. "Long rates will move grudgingly higher."
Analysts interviewed forecast that the 10-year yield will unlikely climb above 4.80 percent by year-end
Fleursdumal
फूल की बुराई
gastronomo ha scritto:non li tradi più? ahime son stato avido e sono rimasto col cerino in mano (uscito due ore fatali
molto più di rado, preferisco andare sulla sterlina quando capita una buona occasione
riguardo al T-Bond potrebbe fare una capatina sui 114, il break l'ha fatto , la spinta potrebbe venire dalle ricoperture finale in vista del weekend
gastronomo
Forumer storico
*Usa: allarme bomba vicino Campidoglio a Washington (Cnn)
Fleursdumal
फूल की बुराई
se stavolta non è il solito fake allora c'è da fare grosse riflessioni
Usa: allarme bomba vicino Campidoglio a Washington -2-
NEW YORK (MF-DJ)--Allarme bomba nel centro di Washington.
La Cnn rivela che la polizia sta effettuando un sopralluogo su un auto con un pacco sospetto pargheggiata nei pressi del Campidoglio. C'e' almeno una persona nel veicolo e, secondo quanto si apprende, afferma a gran voce di avere una bomba con se'. Diverse strade sono state chiuse al traffico e per garantire la sicurezza sul posto c'e' un gran dispiegamento di forze di polizia. ren
Usa: allarme bomba vicino Campidoglio a Washington -2-
NEW YORK (MF-DJ)--Allarme bomba nel centro di Washington.
La Cnn rivela che la polizia sta effettuando un sopralluogo su un auto con un pacco sospetto pargheggiata nei pressi del Campidoglio. C'e' almeno una persona nel veicolo e, secondo quanto si apprende, afferma a gran voce di avere una bomba con se'. Diverse strade sono state chiuse al traffico e per garantire la sicurezza sul posto c'e' un gran dispiegamento di forze di polizia. ren
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