Posts Tagged ‘debt’

Treasury Demand Pushes US 5-Y Note Yields to Two-Month Lows; Price Action Breakout

by Christopher Lemieuxon May 20, 2014 7:44 am BST
Demand for US treasuries continue, and the 5-year treasury note broke through the yearlong downtrend created on May 22, 2013. Traders pushed yields to two-month lows as positions for higher yields are quelled ahead of the FOMC minutes this Wednesday. The spread between the 5-year note and 30-year bond widened by five bps, the largest […]

More Defaults in China Are Likely; Banks Meet Liquidity Requirements

by Christopher Lemieuxon April 4, 2014 6:48 am BST
There is still a high probability of more defaults within China, according to Alfred Schipke, the International Monetary Fund (IMF) senior rep. for China. There is still growing concern over the enormous debts, both at local and federal levels. The People’s Bank of China (PBOC) is aiming to restrict the amount of easy money available […]

Greece Needs Third Bailout During Stagnation, Consists of 50-Year Bonds

by Christopher Lemieuxon February 6, 2014 4:07 am BST
Greece has been dealt numerous blows during the six-year recession, including the world’s highest unemployment rate and recently anointed with the title of most corrupt country in the world given by Transparency International. The troubled nation is looking for a third handout, which the previous two consisted of €240 billion. The third handout is looking to […]

Lack of Lending Affecting Growth in Eurozone, EURUSD Outlook

by Christopher Lemieuxon January 24, 2014 6:44 pm BST
Bank lending in the eurozone is anemic, and the unwillingness of lending to businesses could very well be affected growth within the troubled euro-bloc. At one point a few months ago, the European Central Bank (ECB) President Mario Draghi was debating cutting deposit rates to negative in order to force lending (banks lose money it […]