Wednesday, July 23, 2014

More on "Fund Managers' Current Asset Allocation - July"

Bond sentiment charts from the BAML asset allocation report (earlier post).

Bearish on bonds and on the 10 year. They'll be singing a different tune with the 10 year at 1.25% someday.

1 comment:

theyenguy said...

God, that is the Sovereign Lord God has ordained for the 10 Year Yield to go higher.

On July 22, 2014, Emerging Market Local Currency Bonds, EMLC, traded strongly higher leading Aggregate Credit, AGG, to a new rally high, as the Interest Rate on the US Ten Year Note, ^TNX, traded lower to 2.46% as the case for Interest rates going higher has come of age as David Kotok posts Financial Sense posts Tapering Is Now Tightening.

The 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX has flattened considerably, seen in the Flattner ETF, FLAT, trading higher in value. Look for this to now reverse: the yield curve will be steepening, seen in Steepner ETF, STPP, trading higher in value, as the Benchmark Interest Rate, ^TNX, trades higher from 2.49%.

Soon Credit Investments, AGG, will join Equity Investments, such as World Stocks, VT, Global Financial Institutions, IXG, Yield Bearing Investments, and Large Cap Nation Investments and Small Cap Nation Investment, EFA, and will be trading lower in value together in a see saw destruction of fiat investments.

On Thursday, July 24, 2014, liberalism’s grand finale stock rally continued as China Investments, YAO, CHIX, CHXF, CQQQ, ECNS, CHII, TAO, CHIQ, CHIE, HNP, CHII, CHIM, CHXX, REMX, EWH, traded to new rally highs, taking Asia Excluding Japan, EPP, to a new all time high, as Bloomberg reports China Manufacturing Gauge Rises To 18 Month High On Stimulus.

The bond vigilantes called the Interest Rate on the US Ten Year Note, ^TNX, higher from 2.46% to 2.51%, continuing the see saw destruction of fiat investments. Aggregate Credit, AGG, traded lower, and the 10 30 US Sovereign Debt Yield Curve, $TNX;$TYX, steepened, as is seen in the Steepner ETF, STPP, steepening.

Popular Notes And Bonds, such as SHY, TLT, EDV, FLOT, LQD, LWC, PICB, BWX, and MBB, traded lower. And Inverse Bond ETFS, such as SAGG, JGBS, traded higher.

The age of low interest rates and a Flattening Yield Curve, seen in the Flattner ETF, FLAT, flattening, is over through and done, as the bond vigilantes are in control of the Bow of Economic Sovereignty, and are calling the Benchmark Interest Rate, $TNX, higher, effecting coup d etats worldwide, commencing the failure of credit and the death of currencies.

This is a fulfillment of bible prophecy seen in Revelation 6:1-2, where Jesus Christ has opened the First Seal of the Scroll of End Time Events, and has released the Rider on the White Horse, who has the Bow Of Economic Sovereignty, and is enabling bond vigilantes and warlords to effect coup d etats world wide, destroying traditional democratic nation state sovereignty, so that the Beast Regime of regional economic governance can rise to govern mankind.