dc CB 21:04 GMT February 8, 2022
mkt
Here is how today's auction fared: the Treasury sold $50BN in 3Y notes at a high yield of 1.592%, which while 35.4 bps above last month's 1.241% and the highest since December 2019, also stopped through the When Issued 1.595% by 0.3bps, a solid topline result for a tenor that has not tailed since November.
The unremarkable Bid to Cover of 2.452 was in line with the six-auction average of 2.428 and below last month's 2.469.
However it was the internals that were most remarkable, with foreign buyers (or Indirects) immediately sticking out because with their 68.5% take down, they were tied for the highest ever (the only time in the past when Indirects took down an identical amount was in Nov 2009), and a clearly and sharp surge compared to recent auctions, certainly last month's 61.6%.
3Y Auction With Record Foreign Demand Shows Bonds Not Worried About "Six Or Seven" Hikes
Tallinn viies 16:16 GMT February 8, 2022
pump n pump
Reply
Mtl JP 07:00 GMT 02/08/2022 - this is shamless nonsense.
They talking their book higher.
Oil demand even not near pre covid levels.
OPEC+ can not pump at full swing.
good to know they still pump it.
next target 100 for brent.
Mtl JP 15:36 GMT February 8, 2022
mkt
most likely main event of the day:
3y bond peddle at 13:00
Kaunas AC 14:28 GMT February 8, 2022
USD reversal is imminent!
Great post...+100
To me the constant call for dollar collapse suggests a good chance of another move up in dollar...95.80 at least....will euro close today above or below 1420 is quite key imop.
PAR 13:33 GMT February 8, 2022
RISK OFF
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The USA needs to sell bonds this week, so forget about stocks.
NY JM 13:22 GMT February 8, 2022
USD reversal is imminent!
KC (and Macao) you both seem to talk your book everyday but the more times you repeat the same thing, the less impact it has. Perhaps you may be right or not in the long run but in the short run it has diminishing returns without specific trade calls (KC note you posted your trades).
Remember the fairy tale
Chicken Little - Sky is Fslling
Bangkok KC 08:19 GMT February 8, 2022
USD reversal is imminent!
The downside risk for the USD index remains. The current setup confirms this.
Bangkok KC 08:17 GMT February 8, 2022
BUY GBP/USD and AUD/USD on dips
AUD/USD rally nicely as expected. GBP/USD will follow soon.
Keep holding long aud/usd and gbp/usd.
Also buy eur/usd on dips is a good idea.
USD collapse is inevitable!
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Bangkok KC 14:12:43 GMT - 02/04/2022
Just bought GBP/USD @1.3515
And bought AUD/USD @0.7055
Mtl JP 07:00 GMT February 8, 2022
mkt
Goldman Commodity Veteran Says He�s Never Seen a Market Like It
https://www.bloomberg.com/news/articles/2022-02-07/goldman-commodity-veteran-says-he-s-never-seen-a-market-like-it
Every Picture Is Telling a Story of Markets Regime Change
A turning point is a process and while we�re in it, elevated volatility will create great opportunities for traders.
https://www.bloomberg.com/opinion/articles/2022-02-07/what-a-turning-point-in-markets-regime-looks-like-for-bonds-stocks-households
macao win11 04:16 GMT February 8, 2022
mkt
We will face high inflation in coming few years due to USD bear cycle. This year, expect oil price to revisit 115 (previous high in 2011). Later, not surprise to see nominal price of oil to hit 250-270
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