NZ Ten Year Yields have rocketed up in recent days, reaching a high of 1.54% yesterday. This is a major climb from its yearly opening where it hovered around 1%. While Australian 10 Year Yields are also growing this year, a more dovish RBA has helped to cap yield gains. At its recent meeting, the RBA opted to increase its quantitative easing program by a further...
Despite Japanese 10 Year yields tripling in recent weeks, (Up from 0.02% to 0.06%) that increase is well below the rise in the Australian Ten Year Yields. As a result the "carry trade" gap between the two ten year year rates is increasing steadily and likely to continue to do so. All other things being equal should support further growth in the AUDJPY pair.
While CA, US, JP and AU yields have dropped in the general risk off mood across markets, NZ Yields have gone against the grain and in the "yield- off" between the AU and NZ 10 Year Yields, NZ has just edged past their pacific neighbour, with the 1% target in mind. The AUDUSD is still trading at around $1.07, however indications are that this may dive lower, as...
Weighed down by $100billion worth of QE, yields on the Aussie 10 Year Government Bonds have risen, but not as fast as their kiwi counterparts. NZ 10 Year yields have today risen past AU 10 year yields for the first time since July, sending the NZDUSD to within a hair's breadth of 0.70c (0.6994). With the NZD outlook brighter, and a less dovish RBNZ, No doubt the...
While RBNZ had negative rates on it radar for 2021, NZ10 Year Yields were around 0.555-0.6. With the RBNZ saying the economy is doing better than expected, holding rates and generally being more hawkish, yields have climbed to their highest since July hitting 0.909%. Meanwhile the RBA has cut rates, although this initially dampened AU 10 Year yields, they are back...
AU10YR dropped rapidly to 0.770 following the RBA's announcement but has not dropped to earlier lows in the month. The effect on the AUDUSD was a little softness, but as the market was fully expecting the move, there was nothing too drastic. Now that's out of the way, the next hurdle is the US election which influence which way the AUD heads over the next few weeks.
The gridlock continues with CB's keeping Yields interlocked for as long as possible. An attack on the highs is inevitable if you ask me, sellers base is just not strong enough. 📌 Recession Strategy US will lead for the purpose of these flows, buyers may still make concessions and allow a retest of 0.82% lows but anything else looks very difficult. The...
I would have preferred it if Aussie Yields could have sought the break for the close last week, the decision to hold up here, rather than forcing the pass is notable that Yield curve control is really coming through. Which is an appendage to the following position in AUD: Those aiming for this macro swing position are effectively trading the artificial Fed...
if the price enters the green zone we will have an upward trend
Australian 10-Year yields seems to be tracing down intermediate wave 3. If this scenario holds yields could reach lower levels than 0.28. The critical levels are at the low of minor wave B when yields crosses down the odds are to this main scenario. If yields cross up 1.4, the alternative scenario where primary wave 5 has finished should hold. FOLLOW SKYLINEPRO TO...
Purely based on what i'm hearing in the news. Completely the opposite of what i was taught to do. RBA to buy bonds - $200 Billion worth, so yeah ha..
A noteworthy breakout in Aus 10yr with the technical damage already done as bulls remain supportive at the lows. The 38.2% from the impulsive leg, although still yet to be tested will cap any further downside in the coming weeks. Here we are dealing with the capture of the pinned retrace. We have heaped up the size of our attack, but have to face up to the...
Trend reversal for AUSTRALIAN 10 yr yield..
Australian 10yr Treasury Yield still in downtrend (as long as below green downtrend line). If yield breaks above red line (1.20%), trend reversal has occurred.
=> Here we are seeing global yields breaking higher as widely expected for those following our tradingview ideas and telegram channel => Australia's trade surplus helps as a buffer against the yield disadvantage but it is only moderating the AUDUSD decline... the disadvantage is not changing any time soon and we are set for yields to continue breaking higher. =>...
It's worth noting that the last 3 episodes of a flatter yield curve in Australia have led to a depreciation of the Australian Dollar. There are a few conclusions one can draw from this observation: 1. It suggests AUD traders have been, as of late, factoring more aggressively into the price domestic factors such as a more dovish RBA outlook. 2. The market is...
Bond yields hit a critical level. Anticipating yield to to higher from here. Bond prices should fall given inverse correlation