Bank of America says the recession and credit crunch could lead to large corporate defaults.
Credit strategists at Bank of America note that the fallout from the recession and credit crunch could see $1 trillion in corporate debt eventually become insolvent.
This is largely due to the fact that banks have already begun to refuse lending conditions after the...
MACRO MONDAY 12
A Positive MOVE Index - TVC:MOVE
The U.S. Bond Market Option Volatility Estimate Index – the “MOVE” is similar to the VIX volatility index that lets us know when volatility/uncertainty is high or low in the stock market by monitoring options contracts. Instead the MOVE measures how much investors expect bonds prices to fluctuate in the future....
30Y have benefited from rotational flows out of the S/T part of the curve into longer dated, Technically speaking the 30Y has broken out of downward trend and is indicating a strong upside move, with a first target around 3.71/3.75% by next month.
TLT at the daily view.
This is a project that my trading team and I are conducting. This is 8 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. It's a comprehensive overview that connects the charts volatility , trends, divergences, credit, and currency strength.
The bond...
With equities looking increasingly volatility and valuations as frothy as ever, long term bonds have been quietly outperforming recently. I expect this trend to continue for foreseeable future and for us to rise 5-13% from here conservatively.
The global climate is shifting to reducing risk and buying safe haven assets. Therefore, 20 year bonds will likely...
