Yields 1 – 10Y and WTI: levels, Ranges, Targets

What drives currency and commodity prices are yields 1, 5 and 10 year while 2 and 3 year yields remain laggards. The 1 year yield ranges 113 basis points while the 5 year ranges 95 and the 10 year at 121. The 2 and 3 year contain ranges at 67 and 77 basis points.
1 year yield closed at 1.08, daily break points within the next 24 hours of trade are located from 1.0856 to 1.0743 or 113 points. Actual range breaks are located at 1.0829 to 1.0773. The target over the next 24 is 1.0820 while dead bottom will hit at 1.0746.
2 year yield closed at 1.27, daily break points within the next 24 hours of trade are located from 1.2735 to 1.2668 or 67 points. Actual range breaks are located at 1.2766 to 1.2663. The target over the next 24 hours is 1.2723 while dead bottom will hit at 1.2668.
3 year yield closed at 1.45, daily break points within the next 24 hours of trade are located at 1.4540 to 1.4463 or 77 points. Actual range breaks are located at 1.4575 to 1.4424. The target over the next 24 hours is 1.4526.
5 year yield closed at 1.81, daily break points within the next 24 hours of trade are located at 1.8149 to 1.8054 or 95 basis points. Actual range breaks are located at 1.8194 to 1.8005. Target over the next 24 hours is 1.8133.
10 year yield closed at 2.29, daily break points within the next 2 hours of trade are located at 2.2963 to 1.2842 or 121 points. Actual range breaks are located at 1.2780 to 2.3019. Target over the next 24 hours is 1.2942.
WTI as a commodity and priced in USD closed at 47.65 and travels the yield curve starting from 1.08 at next 47.82, 48.36, 49.13, 51.24 and 54.87. . The actual is located at 47.11.

Brian Twomey

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s