In this idea we'll have a look global liquidity vs BTCUSD on a quarterly timeframe.
The main pane contains the bars of a new global liquidity formula discovered by Twitter TechDev_52. On top of the bars is a solid orange line which is BTCUSD both on quarterly timeframe. Also on the main pane is a value grid for global liquidity which is based on time and global...
Idea on Macro:
- China's Credit Impulse has turned negative.
- Credit impulse is the change in new credit issued as a % of GDP.
- China's Government Bonds 10 YR Yield are correlated with China's Credit Cycle.
- The Credit Cycle taking a downturn signals deflation. Bond prices will rise as borrowers (issuers) will expect to pay back the principal at a loss, and...
📌 A Pullback for Chinese Yields
This illustrates the notion of development in a change in trend for China's sovereign bond market . Sellers avoided a breakout and are aiming to test 3.00%.
On the fundamental side , China is outperforming as expectations are skewed towards favouring their management of the virus and recognisable weakness of the West!...
Yields are still currently low based on the long-term regression trend.
What does it imply for RMB bonds if we expect a rate increase in the mid-term (independently of exchange rate movements)?
- Avoid long-duration RMB government bonds,
- Prefer short duration or floating-rate ones.
Hi, today we are going to talk about CHINA GOVERNMENT BONDS 10 YR YIELD
We observe a D1, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
Join the Traders Heaven today, for more exclusive contents!
When the yield spread touches BB, it generates trading signals.
Copper leads Chinese yields
Chinese yields lead US yields
Stopped working in 2018. Keep track in case it starts working again
China 10y yields lead US yields
When spread is outside of BB, US yields should move in the coming weeks.
Also, China 10Y yields track Copper prices
Source: www.mcoscillator.com
Today let's look at the China 10 year bonds future market.
As the most important market of controlling the inflation , those "jigou" ( securities company hedging manager in Chinese) are buying this market into Renminbi interests lower which is canceling the 13th. March hike. This has caused 3 months inflation lower in China till the June. ( maybe they're saving...
