Where will all the new money come from?

Today’s brief analysis of US Treasury Yield curves and the Debt profiles of both the USA and Italy highlights the enduring question in the title of this post. The first graphic highlights one important issue.  We chose 2 August 2011 versus 17 February 2012 as key dates to compare the US Treasury Yield curve.  If … Continue reading Where will all the new money come from?

The Flight – Keeping an eye on the real 30 Year Treasury Yield Rates

The real (inflation adjusted) 30 Year T-Bill rates have since the beginning of the year averaged 1.72% (simple averaging).     Since the beginning of September 2011 the average real rate has dipped to below 1.00% to 0.99%. (Our measurement).   Does this mean that the flight to other asset classes is now in full-swing … Continue reading The Flight – Keeping an eye on the real 30 Year Treasury Yield Rates

US Treasuries – Expanding the confidence time horizon

In our previous analysis piece on the Erosion of Confidence in the Capital Market, we discussed the downward trend in US T-Bill since 2006. In today’s brief analysis piece we have expanded the time horizon to the last 10 years from the beginning of 2001 to the end of the second quarter in 2011 (being … Continue reading US Treasuries – Expanding the confidence time horizon

US Treasuries – A steady erosion in confidence?

For today's brief analysis of the US Treasuries (T-Bill) Yield rates, we constructed the chart and table below utilising data from the US Treasury official site. We took a point in time being mid August for 5 consecutive years from 2006 through to 2011 and compared the 1-month through to 30 Year T-Bill Yield Curves. As can … Continue reading US Treasuries – A steady erosion in confidence?

US Treasuries – 4 trading days on and rates look rosy?

Today’s brief commentary piece tracks the US Treasury Yield curve of 5 August 2011 (before the Standard & Poor’s downgrade announcement) and the closing rate on 10 August 2011. As can be observed, across the board, the T-Bill yields of 10 August are lower than on 5 August 2011.   It begs the question: Is a ratings … Continue reading US Treasuries – 4 trading days on and rates look rosy?

The US Treasury Yield Curves #2 – Do you factor inflation into the deal?

In the previous article we posted, mention was made of the (0.72)% [negative 0.72%] real return US Treasury investors can currently expect on 5 Year Treasury Bills.  The Nominal (quoted) Yield Curves and Real (Inflation adjusted) Yield Curves for two specific points in time, namely Friday 29 July 2011 and 30 July 2006 are listed below. Yield … Continue reading The US Treasury Yield Curves #2 – Do you factor inflation into the deal?