Weekend Charting and Chat - 3rd June 2016, page-9

Excellent Matlab charts Very useful to see the yield curve function of RBA rates.

Looks like since Jan 2015 market expectations of recession 3-4 years have increased.... long-term yields have fallen since, but overall long-trend seems downward and consistent with global expectations of lower yields for longer among developed world.... On YOY basis yield is flat at Feb 15 levels, possibly a signal for another rate cut in the pipeline and in-line with low-inflation stats, in which case shorting may not be appropriate with medium-term view(as price is factored in)?



YOY -


US on the other hand seems like it will sell-off though it doesn't look like it will be soon - first, it wants another all time high to squeeze shorts - TRIN doesn't look bad for now.


Would love to see your 2/30 yr spread in the shorter time period 1-2 years. Could you please share this? Thank you!