Treasuries, Long Term : the ETF for Bonds

iShares:Lehm 20+ Trs (AMEX) : TLT : T-bonds, Long Term : : Ratio:SPX/TLT

Daily

Weekly

Another: LQD: Top Corp. Bonds, Liquid?


Alternative CPI Measures - at Dec.2007 / update:


TNX - Monthly


LOOK at how it mirrors the 10year (TNX):

...and sometimes moves with stocks, sometimes against

Treasury Inflation Protected bonds (TIP) are another interesting comparison
- here with UK ten year Gilt rates (XX:1885831)



= = =
APPROACHING AGAIN THE WICKED MOMENT ?
There is more than a Yield Curve inversion going on...



Notice how Nasdaq 100 Stocks (NDX-in blue) peaked when BOTH 3month Rates (IRX-in gold) and the 12 month moving average (red) of 10year Rates (TNX-in black) crossed over the 60month moving average (yellow) back in March 2000.

Here's the lead-in to the March 2000 crossover

...too see it better, here are rates alone BACK IN 1997 - 2000:


Bid-to-Cover Ratio... to end-2005


HERE's where we are today

Fannie Mae (FNM) : Weekly & Short Term
.

DJ Utilities


UK Gilts : 1840034 :

weekly UK Gilts

weekly TBond yields (TNX)



HEDGING US$ PENSION FLOWS== with TLT puts
=======================================================================================
------------- : ---Mar.2006---- : ---Jun.2006---- : ---Jan.2007---- : ---Jan.2008---- :
. . . . . . . :TLTOO:ILTOQ:ILTOV:TLTRO:ILTRQ:ILTRV:VJLMO:VLJMQ:VJLMV:YLIMO:YLIMQ:YLIMV:
Date/Spot TLT : 93p : 95p :100p : 93p : 95p :100p : 93p : 95p :100p : 93p : 95p :100p :
13.JanID 91.90: 2.10, 3.60, 8.40: 3.00, 4.30, 8.60: 4.40, 5.55, 9.20: 6.00, 7.15,10.40:
13.Jan : 92.03: 1.90, 3.40, 8.20: 2.90, 4.20, 8.40: 4.20, 5.30, 9.10: 5.90, 7.00,10.20:
18.Jan : 92.57: 1.75, 3.15, 7.85: 2.75, 3.90, 8.00: 4.10, 5.25, 8.90: 5.80, 6.90,10.00:
10.Feb : 90.30: 3.00, 4.90, 9.80: 3.80, 5.30, 9.80: 5.10, 6.50,10.40: 6.70, 7.90,11.20:
28.Feb : 91.37: 2.00, 4.00, 9.00: 2.90, 4.40, 9.10: 4.20, 5.40, 9.40: 5.70, 6.80,10.30:

Hedge For Amt $ 199326
Notion TLT cont. 92.00
Symbol Mo./ Pr. 2167 Shares $ Value Intr IntrV TimeV U'lying
TLTNO Fb06. 93P. 1.25 2000 .. 2,500 .... 1,000 1,500 $186.0K
VJLMQ J'07. 95P. 5.20 1200 .. 5,200 .... 2,500 2,700 $ 95.0K
YLIMV J'08.100P 10.00 ?000 .
- - - - - - - - 92.50 ==== . ====== .... ===== =====
. . . . . . . . 92.50 3000 .. 7,700 .... 3,500 4,200


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LINKS:
TBond Futs. contract. :
News Headlines........: : :
INO's Market Comment. :
Bond Mkt News /Charts :
Bank Credit Analyst.. :
Kirby Analytics...... :
Bid-to-Cover Ratio... :