The 90 Day 10 Year Treasury Note Mob Index Ownership Volume Distribution

5.45% Between 103.72 & 105.55
25.41% Between 105.56 & 107.39
22.06% Between 107.4 & 109.23
30.52% Between 109.24 & 111.07
11.28% Between 111.08 & 112.91
5.28% Between 112.92 & 114.75

Learn More

The 90 Day 10 Year Treasury Note Mob Index Ownership Volume Distribution

6.96% Between 103.72 & 105.817
15.31% Between 105.827 & 107.923
18.67% Between 107.933 & 110.03
28.58% Between 110.04 & 112.137
17.50% Between 112.147 & 114.243
12.98% Between 114.253 & 116.35

Learn More

The yield on the 10 Year Treasury has increased over 0.3% in the past 3 days as investors pulled capital out of safe haven bonds in search of higher growth.

Over the same period US financial and technology sectors witnessed a massive influx of new capital. The MOB Index of Financials (YF_MI) rose almost 498 points since July 10th to close Wednesday at 974.95. Over the same period the MOB Index of Technology (YT_MI) rose 70.85 or 97% to close Wednesday at 143.74.

The 90 Day 10 Year Treasury Note Mob Index Ownership Volume Distribution

7.32% Between 103.72 & 105.817
9.36% Between 105.827 & 107.923
13.65% Between 107.933 & 110.03
33.20% Between 110.04 & 112.137
22.84% Between 112.147 & 114.243
13.64% Between 114.253 & 116.35

Learn More

Demand for the latest US Treasury note auction was higher then expected on concerns of a further decline in global economic output.

The World Bank's dismal growth forecasts had global investors rushing into the relative safety of two-year treasury notes. In all, $40 billion in notes were sold at a yield of 1.15% slightly below the 1.2% yield that some analysts expected.

In the secondary market yields on longer term 10-year notes fell to 3.63% from 3.69%.

The 10 Year Treasury Note Volume Index (XT_MI) closed the day down almost 80 points to 579.77. We should continue to monitor the demand for longer term US treasuries as an indication of investor concerns for a prolonged recession.

The 90 Day 10 Year Treasury Mob Index Ownership Volume Distribution

5.80% Between 104.63 & 107.19
9.24% Between 107.2 & 109.76
29.34% Between 109.77 & 112.33
36.07% Between 112.34 & 114.9
15.25% Between 114.91 & 117.47
4.31% Between 117.48 & 120.04

Learn More

The 90 Day 10 Year Treasury Note Mob Index Ownership Volume Distribution

7.85% Between 108.87 & 110.857
35.86% Between 110.867 & 112.853
30.16% Between 112.863 & 114.85
17.31% Between 114.86 & 116.847
5.78% Between 116.857 & 118.843
3.04% Between 118.853 & 120.84

Learn More

The 90 Day 10 Year Treasury Mob Index Ownership Volume Distribution

20.22% Between 109.63 & 111.76
37.14% Between 111.77 & 113.9
24.67% Between 113.91 & 116.04
12.39% Between 116.05 & 118.18
4.67% Between 118.19 & 120.32
0.92% Between 120.33 & 122.46

Learn More

The 90 Day 10 Year Treasury Mob Index Ownership Volume Distribution

31.07% Between 110.96 & 112.868
30.68% Between 112.878 & 114.787
15.77% Between 114.797 & 116.705
13.60% Between 116.715 & 118.623
4.41% Between 118.633 & 120.542
4.46% Between 120.552 & 122.46

Learn More

3.52% Between 104.7 & 107.652
5.15% Between 107.662 & 110.613
30.34% Between 110.623 & 113.575
35.48% Between 113.585 & 116.537
18.36% Between 116.547 & 119.498
7.15% Between 119.508 & 122.46

Learn More

30.96% Between 111.7599 & 112.352
8.80% Between 112.362 & 112.953
22.74% Between 112.963 & 113.555
18.95% Between 113.565 & 114.157
18.54% Between 114.167 & 114.758

Learn More

22.32% Between 111.54 & 112.168
20.66% Between 112.178 & 112.807
16.23% Between 112.817 & 113.445
16.25% Between 113.455 & 114.083
24.53% Between 114.093 & 114.722

Learn More

35.54% Between 57.4 & 58.2467
21.65% Between 58.2567 & 59.1033
26.71% Between 59.1133 & 59.96
4.65% Between 59.97 & 60.8167
6.57% Between 60.8267 & 61.6733
4.87% Between 61.6833 & 62.53

Learn More

Investors continue to prefer the relative safety of treasury securities over the battered equity markets.

The MOB 10 Year Treasury Note Volume Index (XT_MI) closed up over 400 points to 797.21. This is the highest activity level since the end of November 2008 when the rally in treasuries began.

18.68% Between 58.17 & 58.9667
18.59% Between 58.9767 & 59.7733
10.52% Between 59.7833 & 60.58
27.98% Between 60.59 & 61.3867
13.99% Between 61.3967 & 62.1933
10.26% Between 62.2033 & 63

Learn More

17.15% Between 59.51 & 60.42
38.13% Between 60.43 & 61.34
20.74% Between 61.35 & 62.26
19.30% Between 62.27 & 63.18
1.73% Between 63.19 & 64.1
2.96% Between 64.11 & 65.02

Learn More

54.08% Between 60.76 & 61.5083
12.49% Between 61.5183 & 62.2667
5.16% Between 62.2767 & 63.025
2.21% Between 63.035 & 63.7833
6.91% Between 63.7933 & 64.5417
19.16% Between 64.5517 & 65.3

Learn More

Treasury bonds may be poised for a major reversal as analysts argue they offer little safety if the US economy improves, the dollar weakens, or inflation picks up.

Researchers contend that the main risk for the Treasury market is the potential inflationary impact of both the Federal Reserve's loose monetary policy, which has dropped short term rates close to zero, and the Obama administration's imminent fiscal stimulus plan.

38.66% Between 60.34 & 61.1583
27.99% Between 61.1683 & 61.9867
2.01% Between 61.9967 & 62.815
6.91% Between 62.825 & 63.6433
6.47% Between 63.6533 & 64.4717
17.95% Between 64.4817 & 65.3

Learn More

8.08% Between 58.55 & 59.6667
32.68% Between 59.6767 & 60.7933
37.97% Between 60.8033 & 61.92
3.81% Between 61.93 & 63.0467
5.10% Between 63.0567 & 64.1733
12.37% Between 64.1833 & 65.3

Learn More

Demand for US Treasuries has declined rapidly over the past four days with the MOB Index for 10 Year Treasuries (XT_MI) closing the session down 18 to 148.15.

Treasury prices could be nearing a reversal point.

Recession fears pushed US Stocks down by over 5% on Wednesday.

Investors moved into Treasuries pushing the 10 Year Treasury Note Volume Index (XT_MI) up over 149 points to 485.64.