Started By
Message

re: 10 yr yield going to 5%

Posted on 1/5/24 at 8:18 am to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124125 posts
Posted on 1/5/24 at 8:18 am to
quote:

On what date did the 10-year Note hit 5%?
I was going to respond with a date in 2007, but apparently it did flash at 5.004% on Oct 23. I didn't remember that.
quote:

LONDON, Oct 23 (Reuters) - The yield on the benchmark 10-year U.S. Treasury note rose above 5.0% on Monday, hitting the July 2007 milestone that it briefly attempted to scale last week.

The run-up in yields on the 10-year Treasury bond, seen as a safe-haven in times of economic uncertainty and a benchmark for borrowing costs around the world, has been driven by investors pricing in stronger U.S. growth as well as fiscal slippage.

Yields at the long-end rose quickly after Federal Reserve Chair Jerome Powell said last week that the U.S. economy's strength and hot labour market might warrant tighter financial conditions.

The 10-year yield touched 5.004% on Monday, up around 8 basis points (bps) on the day.

It was briefly bid at a 16-year high of 5.001% on Thursday. It has risen 160 basis points since mid-May.

Alongside the Fed’s hawkishness, worries over fiscal matters have caused term premiums on the curve to rise.

Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/5/24 at 8:24 am to
quote:

apparently it did flash at 5.004% on Oct 23. I didn't remember that.
The charts I have saved on my PC only show closing prices for indexes and bond yields. So when I looked at the ten-year yield for 2023 it never quite made it to 5% at market close any day.

Thanks for the information, NC_.
Posted by Big Scrub TX
Member since Dec 2013
33540 posts
Posted on 1/5/24 at 11:40 am to
quote:

JimMorrison


Congrats on the cherry-picked self-congrats!

quote:


copper futures are about to crash


quote:

it's kind of poetic if S&P ends this year around 4050, which is basically flat from Nov. '22. great trading opportunities here with increasing vol. equity bulls had their fun in the 1H, but bears making the comeback

Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/6/24 at 4:32 am to
quote:

Congrats on the cherry-picked self-congrats!


what?

you lol at those comments made in September as some sort of boom?

1. copper was bearish going into October and still is on longer timeframes. want to laugh? copper will make a huge move down in 2024 of roughly 20% from current price.

2. S&P going into October was bearish and bounced right above that 4050 target due in large part of the point of this thread--the 10 yr yield falling hard after it reached 5%. me saying if it ended the year at that level was clearly hypothetical and joking with the gif usage.
Posted by Big Scrub TX
Member since Dec 2013
33540 posts
Posted on 1/6/24 at 4:32 pm to
quote:

1. copper was bearish going into October and still is on longer timeframes. want to laugh? copper will make a huge move down in 2024 of roughly 20% from current price.
Riiiiggght. That's what you meant. Funny how it went up.

quote:



2. S&P going into October was bearish and bounced right above that 4050 target due in large part of the point of this thread--the 10 yr yield falling hard after it reached 5%. me saying if it ended the year at that level was clearly hypothetical and joking with the gif usage.
Rigghhhtt.

I have an idea - send 500 people a "buy Tesla" email and 500 people a "sell Tesla email". Then proceed as you have in this thread.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/7/24 at 3:05 am to
alright, good chat. it's clear you are ignoring the tape.
Posted by PUB
New Orleans
Member since Sep 2017
18286 posts
Posted on 1/7/24 at 12:57 pm to
Yellen should have refinanced all the debt when 30 long rates were 1-2%.
Posted by Jag_Warrior
Virginia
Member since May 2015
4124 posts
Posted on 1/7/24 at 2:19 pm to
Nice thought, but what do you suppose that massive supply of debt would have done to rates?
Posted by Big Scrub TX
Member since Dec 2013
33540 posts
Posted on 1/7/24 at 5:59 pm to
quote:

it's clear you are ignoring the tape.
Copper is up since you predicted down. Just because you quote some chart gobbledygook as "bearish" doesn't mean anything - especially not when you just get to later say "oh, I mean LONGER TERM than the time I used to post a victory lap on my other prediction".

Ditto stocks.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/8/24 at 5:41 am to
10 yr yield is also down since I predicted up. OMG!!

I see you are an ETF investor and get in your feelings when you read bearish predictions. I see it all the time.

active trading is what I do and the goal is to capitalize on price movements within a period of time. I know you can't fathom that, but your assumption that I'm always bearish and why you're latching onto comments from September is misguided. I have long investments like everyone, but it is more fun for me to discuss trades and be up to date on expected news catalysts that affect market prices.

maybe if you read this thread in September and saw that I literally predict a bond rally to begin when the 10 yr reaches 5%, you could have noted that and researched, then maybe profited on a trade. anyone smart enough can put two and two together to understand how that move would also affect different areas of the market.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11176 posts
Posted on 1/8/24 at 10:42 am to
quote:

Nice thought, but what do you suppose that massive supply of debt would have done to rates?



Absolutely nothing. People who move bond markets understand supply dynamics.
Posted by Jag_Warrior
Virginia
Member since May 2015
4124 posts
Posted on 1/8/24 at 11:36 am to
So you believe that roughly $34 trillion of paper hitting the market would have had zero effect? I do agree with your last statement, which is why I don’t agree with your first statement.
Posted by Big Scrub TX
Member since Dec 2013
33540 posts
Posted on 1/8/24 at 12:16 pm to
quote:

I see you are an ETF investor
wut

quote:

get in your feelings when you read bearish predictions.


wut

quote:

ctive trading is what I do and the goal is to capitalize on price movements within a period of time. I know you can't fathom that, but your assumption that I'm always bearish and why you're latching onto comments from September is misguided. I have long investments like everyone, but it is more fun for me to discuss trades and be up to date on expected news catalysts that affect market prices.
You also think you're a mind reader - hilarious.

quote:

maybe if you read this thread in September and saw that I literally predict a bond rally to begin when the 10 yr reaches 5%, you could have noted that and researched, then maybe profited on a trade. anyone smart enough can put two and two together to understand how that move would also affect different areas of the market.
Literally none of this has to do with copper and equity predictions.

I get it - you want to impress everyone with some bit of technical nonsense so you post "predictions" and only crow about the ones that hit.

There are a lot of guppies on this board - I'm not one of them.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/8/24 at 2:32 pm to
quote:

I get it - you want to impress everyone with some bit of technical nonsense so you post "predictions" and only crow about the ones that hit.

There are a lot of guppies on this board - I'm not one of them.


ah, there it is. I was wondering why you've taken such issue with those comments.

trust I do not want nor care to influence or impress anyone, but don't gatekeep the money board. when I bumped this thread, it's the first time I've even posted on this board in months. if I want to shitpost predictions and have fun making money when I perfectly time a major movement, then I will do it.

who the hell acts on random posters' comments anyway. getting ideas from the board to research can be valuable, but of course, don't blindly do anything.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11176 posts
Posted on 1/8/24 at 2:45 pm to
Where are you getting this $34T number from?
Posted by Jag_Warrior
Virginia
Member since May 2015
4124 posts
Posted on 1/8/24 at 3:39 pm to
quote:

Yellen should have refinanced all the debt when 30 long rates were 1-2%.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11176 posts
Posted on 1/8/24 at 3:56 pm to


Okay, got it now. I thought y'all were talking about this year and next year not a hypothetical like refinancing all $34T at once.

Average Interest Rates on Debt

Here's a dataset on outstanding debt since I was curious what it is right now. Back in 2019 the average note was in the 1.5-2% range. In December it was 3.113%. Pretty wild but that's double in just a few years.
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram