3.21% is our range.
Posted by Don on May 24, 2010
Interest rates have continued to fall, and have stabilized around this current 3.21% range — which is also the “technical” number. The continuing market mover is the European situation; and although confidence returns that Greece will stabilize its situation (as well as other currently-distresses nations) the investor sentiment still prevails with concern that the allowed...
Read MoreDown, on continued Euro concern.
Posted by Don on May 21, 2010
Bond prices are much higher (interest yield and rates much lower) on continuing European news. All of the technical resistance points have been blown out, even of this morning’s expectations, which points to a significant trend toward lower interest rates (higher bond prices.) We’ve already passed the technical points of 3.21%, 3.18%, and as of this writing (3.11%) are on our way...
Read MoreSharply down on continued Euro concerns.
Posted by Don on May 20, 2010
I’ve not posted in a couple of days as I’ve been in the middle of a major project. In the shortest of versions, rates have been strongly coming down as the news out of Europe remains the same: the world community is concerned that this “bailout” is not going to be enough, and that things will spread. Markets don’t like uncertainty. And that will breed fear, and a...
Read MoreStable on much of the same.
Posted by Don on May 17, 2010
Largely, the news (and picture) remains the same, thus today’s trading should be relatively stable. Concern remains that the EU assistance might not contain the challenges faced by the various EU nations; and money remains in US bonds and notes. Overnight, both Greek and Italian 10 yr’s traded higher (8.05% and 3.88%, respectively) and this gives a picture of the investor concern and...
Read MoreStable, on unstability.
Posted by Don on May 14, 2010
How hard it is to run a government! So many competing balls to juggle. And I’m only talking about economics. The economic difficulties in Europe are causing tentative money to move to the US and safer haven vehicles. And for today, rates are probably stable-to-down. And currently, discussion is beginning as to the total dissolution of the Euro (and EU community.) Former Federal Reserve...
Read MoreRelatively stable; perhaps drifting higher.
Posted by Don on May 13, 2010
Rates are relatively stable today, mostly on continuing European news. The dual thoughts are: the EU intervention has stemmed the challenges; and the other is that it has not. (That’s real helpful, right?) Anyway, rates are mostly trading sideways, although we’re getting close to a “technical point” that may signal a rise in rates. See the below. The ECB (European Central...
Read MoreStable. (As to rates, not to economics.)
Posted by Don on May 12, 2010
The interest rates are stable today, on largely the same news: The Euro community has promised almost $1 billion in “safety net” assistance to the European nations most in need. And I understand, as of this morning, that this is exactly why the interest rates of Greece, Spain and Italy have decreased (in Greece’s case, from 12.5% to 7.5%.) This is because the EU community is...
Read More
