CFTC: Non Commerical's Positioning On Bonds (Part 2)
Our previous posting in the link below mentioned that fund managers' positioning for USD bonds are at 5 years low.
=> This is an indication bonds are at maximum pessimism and bonds are oversold.
Link: myasiaprivatebank.blogspot.sg/2016/12/cftc-funds-positioning-on-bonds.html?m=1
ETF for 20 years treasury bonds is moving up as per the chart below. Most corporate bond prices are up as well.
Investors who are holding onto USD long term bullet bonds should use this rally to sell when market price is above their cost price.
=> This is an indication bonds are at maximum pessimism and bonds are oversold.
Link: myasiaprivatebank.blogspot.sg/2016/12/cftc-funds-positioning-on-bonds.html?m=1
ETF for 20 years treasury bonds is moving up as per the chart below. Most corporate bond prices are up as well.
Investors who are holding onto USD long term bullet bonds should use this rally to sell when market price is above their cost price.
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