Psicologia e mercati pacco doppiopacco&contropaccotto..sig.e sig:il Bund-vm18 (2 lettori)

[ciubecca]

Agenda: I principali appuntamenti di Piazza Affari del 25 Gennaio 2005

"Chi vive senza follie, non è così saggio come crede" François De La Rochefoucauld

- Tesoro, annuncio quantitativi titoli a medio-lungo termine in asta il 28/1
- Isae, fiducia consumatori gennaio (9,30)
- Vertice Italia-Francia presieduto da Berlusconi e Raffarin
- Parmalat, udienza preliminare per decisione ammissione parti civili
- Borgosesia, assemblea ordinaria (15,00)
- Sanpaolo, cda

BRUXELLES - Conferenza annuale servizi finanziari europei (8,30)
GINEVRA/ZURIGO/LUGANO - Gcab, contro-roadshow bond argentini
WASHINGTON - Vendita case e fiducia consumatori gennaio (16,00)
NEW YORK - Trimestrali Texas Instruments, Corning, EMC, Electronic Arts, DuPont, Merck, Merrill Lynch, McDonald's, Xerox, Bellsouth


giorno atodos ...

 

[dan24]

porco bund...solo questo

 

[maria]

ma salve! Tutti bene????

 

[gastronomo]

ma salve! Tutti bene????

Ciao Maria, bentornata, come ti va? Noi sempre qui a bestemmiare col bund ... una certezza .....

 

[Fleursdumal]

ma salve! Tutti bene????

ciauzz Mitttica Maria , qui tutto come al solito, c'è chi sacramenta, chi posta donnine ignude e chi si cimenta a far l'inseminator

 

[Fleursdumal]

Stasera in US : aste di 20y TIPS , obbligazioni legate all'inflazione, e di 4weeks Bills

 

[gastronomo]

Ben svegliato, Sir - vedrai che andranno bene le aste US, tutti dicono che non c'è più inflazione...

 

[Fleursdumal]

Come diceva dan qualche gg fa , qui si sta facendo la storia: lo spread 30y-10y non è mai stato così in alto da quando hanno tolto dal mercato le emissioni trentennali, neanche quando il T-Bond era a 122

 

[aldiladellaldiqua]

sell call tresaury bond 30y strike 116 marzo (se non mi sbalio)

:festa:

 

[gastronomo]

US Treasuries soft, 30-yr bond bucks the trend
Tue Jan 25, 2005 09:10 AM ET
By Wayne Cole
NEW YORK, Jan 25 (Reuters) - U.S. Treasuries prices were mostly softer on Tuesday as the market prepared for data on consumer sentiment and housing, along with $8 billion in longer-dated debt supply.

The Conference Board measure of confidence is seen edging down to 101.0 in January from 102.3 in December, a result which would do little to excite the bond market.

Sales of existing homes are seen slowing to an annual 6.8 million pace in December, from 6.94 million the month before, though that would still be very strong historically.

Benchmark ten-year notes (US10YT=RR: Quote, Profile, Research) were off 2/32 in price, lifting yields to 4.14 percent from 4.12 percent.

The 30-year bond (US30YT=RR: Quote, Profile, Research) was again attracting attention having hit its lowest yield since mid-2003 at 4.60 percent. Yields have now dropped 35 basis points since Christmas, in part as investors bet the Federal Reserve's rate hikes would curb future inflation.

"The long end is the diva of the market with 30-year yields edging under their lows from 2004 and the curve moving flatter in the process," said David Ader, U.S. government bond strategist at RBS Greenwich Capital. The next chart target for 30-year yields was 4.50-4.525 percent.

"The technical strength is impressive and points to further gains. We target 10-year yields to 4.03-4.07 percent, but don't want to chase it further -- not into the Fed, refunding, and with some signs the trade is getting overcrowded," he added.

The Fed meets next week and is widely expected to hike rates 0.25 percentage point to 2.50 percent, while Treasury's quarterly refunding in February is likely amount to around $51 billion in new borrowing.

The market has already priced in quarter point rate hikes at the Fed's next three policy meetings, taking fed funds to 3.0 percent by the summer. After that opinions diverge with futures predicting rates no higher than 3.75 percent by year end while some economists see a risk of 4.0 percent or more.

Fed Bank of Kansas City President Thomas Hoenig speaks on the economic outlook around 12:30 p.m. (1730 GMT), though dealers doubted he could add anything new to the latest litany of central bank speeches.

The inexorable rise in overnight rates has forced short-term yields ever higher, even as longer-term yields have fallen. Early Tuesday, five-year notes (US5YT=RR: Quote, Profile, Research) were down 4/32, their yield rising to 3.68 percent from 3.65 percent.

The two year-note (US2YT=RR: Quote, Profile, Research) was down 2/32 in price, lifting yields to 3.23 percent from 3.20 percent late Monday. As a result the spread between two- and 10-year yields reached a new 3-1.2 year low at 90 basis points, a world away from its 2004 highs around 245 basis points.

Treaders were also inclined to cheapen the two-year ahead of an auction of $24 billion in new paper scheduled for Wednesday.

Later Tuesday, Treasury will sell $8 billion in reopened 20-year inflation protected notes, known as TIPS. The first sale, last July, drew bids for a modest 1.49 times the amount on offer while indirect bidders, including foreign central banks, took 47 percent of the issue