gastronomo
Forumer storico
Fan.ku... 
.....la volta che mi metto short io sto strunz sale.....
.....la volta che mi metto short io sto strunz sale.....
il BUND: la sfida alle leggi della fisica...
- Creatore Discussione Noooo
- Data di Inizio
gastronomo
Forumer storico
Spiegato l'arcano 
- potevano pure dirlo prima...
Longer-dated US Treasuries back in demand, for now
Thu Feb 24, 2005 09:23 AM ET
By Wayne Cole
NEW YORK, Feb 24 (Reuters) - Treasuries were mostly firmer on Thursday as investors renewed bets on longer-term debt while shunning shorter-dated paper ahead of a $24 billion two-year note auction later in the session.
The market was briefly bothered by government data pointing to an improvement in business investment, which lessened the chance of a marked slowdown in economic growth this quarter.
Orders for overall durable goods looked soft on the surface with a 0.9 percent dip in January, but proxies for business investment were much stronger. Nondefense capital goods orders rose a healthy 2.9 percent, while shipments were up 3.7 percent.
Still, the blow for bonds was softened by a rise in initial jobless claims to 312,000 from 303,000 the week before. Many investors had feared the series could drop below the psychological 300,000 level and fuel speculation the February payrolls report would finally show a significant improvement.
"The durables data were actually pretty good and could even see analysts nudge up their GDP forecasts for this quarter," said one trader at a U.S. primary dealer.
"But the market's too busy reestablishing curve flatteners to care much. With CPI out the way it seems safe to bet on the long-end for a while," he added. There was much relief on Wednesday when the U.S. consumer price index failed to match the alarming gain seen in producer prices.
Thus after an initial dip, the 10-year note (US10YT=RR: Quote, Profile, Research) soon firmed 6/32, lowering yields to 4.24 percent from 4.27 percent. The 30-year bond (US30YT=RR: Quote, Profile, Research) climbed 20/32, taking yields to 4.62 percent from 4.66 percent.
The yield curve flattened a little more, with the spread between two- and 10-year yields shrinking three basis points to 79 basis points.
Traders suspected month-end buying was offering some support to prices with funds that track bond indices facing a large extension in duration because of this month's refunding auctions.
Benchmark duration for the Lehman Portfolio Bond index for Treasuries is expected to lengthen by around 0.09 years compared to a 12-month average of 0.05 years.
Still to come on Thursday are speeches from two top Federal Reserve officials, though the central bank has already made it abundantly clear that interest rates have further to rise.
The futures market (0#FF:: Quote, Profile, Research) has fully priced in hikes at the next two policy meetings and is toying with the idea of a third.
Federal Reserve Bank of St. Louis President William Poole will speak on "Demographic Challenges to State Pension Systems Around the World" at noon (1700 GMT).
Later, Fed Governor Ben Bernanke will give a lecture on "Productivity" at around 5:30 p.m. (2230 GMT).
With investors favoring long-term debt, the five-year note (US5YT=RR: Quote, Profile, Research) was left to hover at 3.87 percent. Two-year notes (US2YT=RR: Quote, Profile, Research) were stuck at 3.44 percent ahead of the auction, which closes at 1:00 p.m. (1800 GMT)
Traders were anxious after last month's sale drew only tepid demand from outside the dealer community, though this month's auctions of three- and five- year paper fared better.
January's sale drew bids for a modest 2.01 times the amount on offer and indirect bidders, a class that includes foreign central banks, took only 29 percent of the notes, well below the 41 percent average.
Earlier this week the market was unsettled by reports the Korean central bank was planning to diversify its, mainly dollar, portfolio thought the bank later played down the talk.
Overseas central banks hold around $1.07 trillion of Treasuries, or more than a quarter of the entire market, so investors are sensitive to any hint of slackening demand.
- potevano pure dirlo prima...Longer-dated US Treasuries back in demand, for now
Thu Feb 24, 2005 09:23 AM ET
By Wayne Cole
NEW YORK, Feb 24 (Reuters) - Treasuries were mostly firmer on Thursday as investors renewed bets on longer-term debt while shunning shorter-dated paper ahead of a $24 billion two-year note auction later in the session.
The market was briefly bothered by government data pointing to an improvement in business investment, which lessened the chance of a marked slowdown in economic growth this quarter.
Orders for overall durable goods looked soft on the surface with a 0.9 percent dip in January, but proxies for business investment were much stronger. Nondefense capital goods orders rose a healthy 2.9 percent, while shipments were up 3.7 percent.
Still, the blow for bonds was softened by a rise in initial jobless claims to 312,000 from 303,000 the week before. Many investors had feared the series could drop below the psychological 300,000 level and fuel speculation the February payrolls report would finally show a significant improvement.
"The durables data were actually pretty good and could even see analysts nudge up their GDP forecasts for this quarter," said one trader at a U.S. primary dealer.
"But the market's too busy reestablishing curve flatteners to care much. With CPI out the way it seems safe to bet on the long-end for a while," he added. There was much relief on Wednesday when the U.S. consumer price index failed to match the alarming gain seen in producer prices.
Thus after an initial dip, the 10-year note (US10YT=RR: Quote, Profile, Research) soon firmed 6/32, lowering yields to 4.24 percent from 4.27 percent. The 30-year bond (US30YT=RR: Quote, Profile, Research) climbed 20/32, taking yields to 4.62 percent from 4.66 percent.
The yield curve flattened a little more, with the spread between two- and 10-year yields shrinking three basis points to 79 basis points.
Traders suspected month-end buying was offering some support to prices with funds that track bond indices facing a large extension in duration because of this month's refunding auctions.
Benchmark duration for the Lehman Portfolio Bond index for Treasuries is expected to lengthen by around 0.09 years compared to a 12-month average of 0.05 years.
Still to come on Thursday are speeches from two top Federal Reserve officials, though the central bank has already made it abundantly clear that interest rates have further to rise.
The futures market (0#FF:: Quote, Profile, Research) has fully priced in hikes at the next two policy meetings and is toying with the idea of a third.
Federal Reserve Bank of St. Louis President William Poole will speak on "Demographic Challenges to State Pension Systems Around the World" at noon (1700 GMT).
Later, Fed Governor Ben Bernanke will give a lecture on "Productivity" at around 5:30 p.m. (2230 GMT).
With investors favoring long-term debt, the five-year note (US5YT=RR: Quote, Profile, Research) was left to hover at 3.87 percent. Two-year notes (US2YT=RR: Quote, Profile, Research) were stuck at 3.44 percent ahead of the auction, which closes at 1:00 p.m. (1800 GMT)
Traders were anxious after last month's sale drew only tepid demand from outside the dealer community, though this month's auctions of three- and five- year paper fared better.
January's sale drew bids for a modest 2.01 times the amount on offer and indirect bidders, a class that includes foreign central banks, took only 29 percent of the notes, well below the 41 percent average.
Earlier this week the market was unsettled by reports the Korean central bank was planning to diversify its, mainly dollar, portfolio thought the bank later played down the talk.
Overseas central banks hold around $1.07 trillion of Treasuries, or more than a quarter of the entire market, so investors are sensitive to any hint of slackening demand.
ciubecca
Forumer storico
miii che fastidio vediamo cosa succede .. da stamani quando ho chiuso hai menimi una delle 3 call 32500 marzo con un losssone di 500 € conclamato stà andando solo su ... famo così fleu te ne chudo una ogni 500 pt in su e tu mi dai mezzo gain del minimorto chhe hai da 31400
Fleursdumal
फूल की बुराई
ciubecca ha scritto:
ssshhh che si sta muovendo
ciubecca
Forumer storico
la chiave è sempre quella ora che si son fatti un botto di soldi chiudendo i lunghi che accumulavano da agosto che fanno li mettono sotto il cuscino i dindini ??
escono dal bund e dove li mettono ??? ma c'è sto a capi na fava altra cosa .. stamani i mm si sono affrettati a ripristinare le vola delle call su livelli di sussistenza x le put manco li avevano alzati in pratica ......
la mia paura è che ora ci fanno fare 5 mesi di melina tra 32 e 31 ...
tra l'altro quardare spm40 è una tristezza se ci mettete il grafico di eni è uguale !
escono dal bund e dove li mettono ??? ma c'è sto a capi na fava altra cosa .. stamani i mm si sono affrettati a ripristinare le vola delle call su livelli di sussistenza x le put manco li avevano alzati in pratica ......
la mia paura è che ora ci fanno fare 5 mesi di melina tra 32 e 31 ...
tra l'altro quardare spm40 è una tristezza se ci mettete il grafico di eni è uguale !
Fleursdumal
फूल की बुराई
gastronomo ha scritto:Fan.ku...
avvisa però neh
gastronomo
Forumer storico
Fleursdumal ha scritto:gastronomo ha scritto:Fan.ku...
avvisa però neh
facciamo poca ironia
gastronomo
Forumer storico
ciubecca ha scritto:gastronomo ha scritto:Fleursdumal ha scritto:gastronomo ha scritto:Fan.ku...
avvisa però neh
facciamo poca ironia
questa mica è ironia niente niente te stà proprio a piglià pu ciulu
se il bund arriva a 115 mi potrò pur permettere due sicari
Fleursdumal
फूल की बुराई
raga scherzate poco e prendete atto che con la mia entrata ho fatto tornare impotente lo s&pmib lup mann figl di put
gastro quanto mi paghi per entrare long sul Bund? :smile:
gastro quanto mi paghi per entrare long sul Bund? :smile:
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