News hero gradient

Yields

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular
channel_03

USD forecast: Positioning hints at headwinds for USD, 2-year yield

Short bets against the US 2-year yield continue to diminish yet remain at a sentiment extreme. And as the yield flatlined above 5% in 2023 despite aggressive short positioning, it suggests its yield may struggle to retake 5% this time around. And that could prove to be a headwind for the USD.

default avatar
February 20, 2024 02:49 AM
channel_02-LONC02G510KMD6R

USD/JPY forms bull flag above 150, Nasdaq ‘rebound’ tied to yields

The Nasdaq may have risen on Wednesday, but it appears driven by a pullback in yields. And if yields rally from a key level of support, it could propel USD/JPY higher and weigh on the Nasdaq.

default avatar
February 14, 2024 10:24 PM
interest_rates_06

Can bondcano stay on the backburner? The Week Ahead

Bondcano, the phrase coined to described the sharp acceleration of bond yields to the detriment of equities, appears to be smouldering as yields have pulled back from their highs. It has certainly provided some relief for sentiment, given the well-based concerns that something was about to break in the financial system. But with the Fed members now striking a relatively dovish tone, it raises the question as to whether bond investors will now step back into the market to capitalise on attractive yields and take the sting out of bondcano’s tail.

default avatar
October 15, 2023 09:33 PM

Why trade with City Index?

Tight spreads from 0.5 pts on FX and 0.3 pts on indices.


Award-winning platforms with fast and secure execution.

N_A_Promo_Block_BG_Comp
Research

EUR/USD tries to snap its record losing streak: The Week Ahead – 06/10/2023

EUR/USD is on track for a record 12th consecutive losing streak. But given its hesitancy to test 1.04 and the potential for a false break of the January low, perhaps we’re finally nearing an inflection point for the battered EUR/USD.

default avatar
October 8, 2023 03:05 AM
Uptrend

S&P 500, Nikkei 225 analysis: Can someone let the dead cat bounce out?

US bond yields pulled back to give risk assets a reprieve from their selloff on Wednesday. But with bond market implied volatility also pulling back, perhaps there's a little more room for a bounce for the Nikkei and S&P 500.

default avatar
October 5, 2023 02:48 AM
Downward trend

Dow Jones, Nasdaq 100: Indices remain in the hands of bond yields

The bond rout and sharp rise in yields continue to take centre stage for sentiment. And the longer this trend persists, the greater the odds appear for indices to finally roll over. Given three key US indices are showing signs of stability around their respective support levels, it brings the potential for a minor bounce over the near-term. But if bond yields keep rising, any such bounce could prove futile for bulls.

WTI crude oil headed for $90? Yields perk up: European open – 5/9/2023

The US yield curve has continued to creep higher after the 3-day weekend in the US, heling the US dollar retain its place at the top spot among currency majors. Yet WTI crude oil is managing to outpace the dollar, and looks set for at least another attempt to test the $90 level.

default avatar
September 5, 2023 05:24 AM
interest_rates_09

USD, GBP/USD analysis: Commitment of traders report (COT) – 04/09/2023

It is also worth noting that the 2-year yield printed a bearish engulfing week after a failed attempt to break and hold above 5%. And if yields continue to move lower over the coming weeks, it will likely weigh on the US dollar. Large speculators are slowly loosening their bullish grip on GBP/USD futures, with short exposure rising by 25% last week. Traders are also showing renewed bullish interest in gold and silver.

Research

Stocks off lows after dollar, yields collapsed

When bond markets move, investors in other markets always take notice

Forex trading

US Housing Market continues to show signs of weakness; USD/JPY

Watching US 10-Year Yields and USD/JPY could give a clue as to the next direction for mortgage rates.

Market chart

US data dump points to hawkish sentiment from Fed

Costs associated with producers will make their way to the end of the supply chain over the next few months and eventually be reflected in the CPI.

February 16, 2023 04:51 PM
Market chart

US Mortgage Rates fall for the first time in 11 weeks!

When will the housing market turn up again? This will most likely be after mortgage rates move lower.

November 2, 2022 04:17 PM
Federal reserve name plaque on building

Is the Fed about to slow the pace of tightening?

Will today’s “leak” to the WSJ be the straw that breaks the camels back regarding the US Dollar and US rates?

October 21, 2022 04:23 PM
Federal reserve name plaque on building

Is the Fed about to slow the pace of tightening?

Will today’s “leak” to the WSJ be the straw that breaks the camels back regarding the US Dollar and US rates?

October 21, 2022 04:23 PM
Gold trading

Gold eyes fresh breakdown as China fears add fuel to fire

It was always going to be an uphill struggle for the metal...

Gold trading

Gold eyes fresh breakdown as China fears add fuel to fire

It was always going to be an uphill struggle for the metal...

Graphic of trading data chart

NAHB Housing Market Index is bad and could get even worse.

In the mid-2000’s, the NAHB Housing Market Index dropped dramatically, similar to what is happening today. Could this be a foreshadowing of a recession?

October 18, 2022 08:21 PM

Open an account in minutes

Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 0.3 pts on indices.

N_A_Promo_Block_BG_Comp
Graphic of trading data chart

NAHB Housing Market Index is bad and could get even worse.

In the mid-2000’s, the NAHB Housing Market Index dropped dramatically, similar to what is happening today. Could this be a foreshadowing of a recession?

October 18, 2022 08:21 PM

S&P 500 reaches new lows for 2022

On January 4th the S&P 500 reached a record high of 4820.2. Today, the large cap index made a new low for the year, reaching an intra-day low of 3620.2, a fall of nearly 25% so far this year!

September 27, 2022 09:06 PM
Research

Nothing changes for gold, stocks as yields resume higher

Bearish trend persist for indices and metals as investors watch yields continue to rise following a flurry of central bank action this week.

Rocket taking off on a bright day

Could tomorrow's Michigan Consumer Sentiment be the key for the FOMC’s decision next week?

If the inflation components are higher than expected, watch for a possible tape-bomb from the Wall Street Journal that the Fed is “more likely” to hike 100bps.

September 15, 2022 08:01 PM
Research

Higher oil and bond yields could benefit CAD/JPY

A combination of favourable yield differentials, higher oil prices and a bullish consolidation on CAD/JPY suggest it could break to new highs in due course.

multiple currencies

July housing data concludes on a mixed note; waiting on Jackson Hole

July housing data finished up this week with worse than expected New Home Sales and better than expected Pending Home Sales.

August 24, 2022 08:48 PM