The Bank of Japan says there is no possibility of helicopter money, and by a strict definition they are correct. But as the government plans to issue more 40-year bonds, it is looking more and more like some monetization of debt is underway. The BOJ says as long as it buys Japanese government bonds (JGB) from the market, it is not directly underwriting bonds to fund government spending.
Finding trades, opportunities to make money, is what technical analysis is all about. Therefore, it is often very beneficial to combine long- and short-term analysis to improve timing, and therefore gain better control of the “risk of ruin” when initializing trades. The 30-Year Treasury Bond monthly offers a good example of this technique.
Japan's Ministry of Finance is negotiating with the country's major banks to lend to the government at a zero interest rate in auctions beginning in October or November, a government official familiar with the procedure said today.
Last week the 30-year Treasury Bond completely erased the previous week’s gains as the USU posted an inconclusive inside week down; the 10-year Treasury Note finished the week posting and settling on its new weekly low as the note posted an inconclusive inside week down pattern and recovered...
Wall Street's separation of interest and principal components of U.S. Treasury securities totaled $707 million in July, down more than 90% from $7.544 billion in June, according to Treasury Department data released today.
Friday, the 30-year Treasury Bond finished the week and month testing my upper daily boundary high projection at 174-17. It took the last two weeks for the 10-year Treasury Note to muster the necessary momentum to snap back and test my long standing resistance at 132-29/133-00.
Global investors dumped equities in July and raised bond allocations after Britain's vote to leave the European Union and subsequent signs of damage to economic growth prompted a dash toward fixed income.