yield curve

Interest Rates

Yield Curve Today

The 10-5-2 spread is rising with nominal yields reversing to up.  A little risk off'y to go with junk bonds, which are quite risk off'y. For reference, here is the…

Comments Off on Yield Curve Today
December 1, 2014
Gold

10-2 Yield Curve w/ Gold

Here is the big picture view of the 10yr-2yr Treasury yield spread with gold shaded in the background.  People who successfully get through this bear market in gold will have…

Comments Off on 10-2 Yield Curve w/ Gold
December 1, 2014
Interest Rates

Yield Curve Today

It's in a risk 'OFF' alignment with all durations dropping but the curve rising.   Meanwhile, here's the chart of the 30 vs. the 5 year spread.  Obviously risk is…

Comments Off on Yield Curve Today
November 28, 2014
Interest Rates

Yield Curve Today

Today the curve is dropping with nominal yields rising.  Implication (taking one singular day as a stand-alone)?  Anti-gold and pro-risk 'ON'... among other things.  Hey, that's what it says today...…

Comments Off on Yield Curve Today
November 19, 2014
Interest Rates

Yield Curve Today

The 10, 5 and 2 year spreads are aligned with the curve rising and nominal yields declining today.  That is theoretically a pro-gold and risk '0FF' alignment.  Somebody forgot to…

Comments Off on Yield Curve Today
November 13, 2014
Interest Rates

Yield Curve Today

Yields spreads from 10 to 5 to 2 years are declining, while nominal yields rise.  In other words, there is nothing risk OFF'ish about this in the least and liquidity…

Comments Off on Yield Curve Today
November 3, 2014
Interest Rates

Yield Curve Today

The market may be a little jumpy today but whirring beneath the surface here on Fed hype day, the 10 vs. 2 year yield curve is looking risk 'ON' ish. …

Comments Off on Yield Curve Today
October 29, 2014
Notable Public Posts

Is the Yield Curve Really Flattening?

There is a lot of talk now about a flattening of the yield curve.  This talk has been among the most intense right here at the website you are reading at this moment.  A flattening curve is commonly viewed as bad for gold, and according to Mark Hulbert, is an indicator of a coming recession.

Why you should care about the yield curve

But is the curve really flattening or is this all hype based on Janet Yellen’s press conference comments?  Here is a chart the likes of which we have been using in NFTRH for many months now, the 30 year vs. the 5 year yield.

30.5

MarketWatch shows a similar chart in its article…

(more…)

Comments Off on Is the Yield Curve Really Flattening?
March 26, 2014
NFTRH Interim Updates / Notable Public Posts

NFTRH Update 9.17.13, Precious Metals – Looking Past FOMC

The world expects the FOMC to update its expectations regarding a tapering of Treasury bond asset purchases tomorrow.  The world thinks that a tapering of these purchases would be bad for gold.

I think a decrease in T bond purchases would be anything from neutral to a potential positive (see post coming later today on the matter).  Regardless, it is time to be looking out beyond FOMC with regard to the precious metals, a most sensitive sector to monetary policy.

So here is a check list of what we want to see in order to press the bull stance.

(more…)

Comments Off on NFTRH Update 9.17.13, Precious Metals – Looking Past FOMC
September 17, 2013