The following are futures positions of non-commercials as of October 11, 2016. 10-year note: In late September, Janet Yellen, Fed chair, said the bank might be able to help the U.S. economy in a downturn if it could buy stocks … Continued
The following are futures positions of non-commercials as of October 4, 2016. 10-year note: Bloomberg ran a story on Tuesday saying the ECB would probably gradually wind down bond purchases before the end of quantitative easing, and that it may … Continued
The following are futures positions of non-commercials as of September 27, 2016. 10-year note: Once again, Mario Draghi, ECB chief, urged Eurozone governments to complement central-bank action. He was speaking before the European parliament on Monday. Mr. Draghi said there … Continued
The following are futures positions of non-commercials as of September 20, 2016. 10-year note: A steeper yield curve is typically associated with a strengthening economy. So when the Bank of Japan says it will target a steeper yield curve, what … Continued
In July’s Treasury International Capital System data released last Friday, there was one particular data point equity bulls were probably happy to see. Global investors purchased $26.1 billion in U.S. equities in that month. This was the highest monthly purchase … Continued
The following are futures positions of non-commercials as of September 13, 2016. 10-year note: More and more, we are beginning to hear from commentators – both professional and in media – that major central banks are increasingly hesitant about … Continued
Seven weeks of sideways action on the S&P 500 large cap index has been resolved. Last Friday, the index dropped 2.5 percent, for a weekly drop of 2.4 percent. This comes on the heels of an important breakout in July. … Continued
The following are futures positions of non-commercials as of September 6, 2016. 10-year note: Is the ECB reaching the end of the stimulus rope? This is not a consensus thinking, but the bank may very well be trying to … Continued
The following are futures positions of non-commercials as of August 30, 2016. Change is week-over-week. 10-year note: Prior to this week, after hawkish comments from several FOMC members, it looked like the August jobs report was the sole make-or-break data … Continued
The following are futures positions of non-commercials as of August 23, 2016. Change is week-over-week. 10-year note: In the Greenspan era, traders did not have to deal with the kind of mixed messages they do today. Back then, the message … Continued