Fixed Income Research, provided by Investors Intelligence*
Search for Bonds:

Analysis & Comment  > Bond of the Week

Bond of the Week: 8 October 2015

'Bear trap' scope for French 10yr Bond Yield


The French 10-year Bond Yield has rebounded from this month's earlier low near 0.875%.  This has led to a failed break under the August floor.  As such, hopes are now raised for a further 'bear trap' recovery over the short term, possibly towards the sideways area around 1.125%.

Government Bond Futures 



US - The 10-year Treasury Bond future surged up to a new contract high, at 130.016, during the week.  At this point, a correction started to take place, with prices falling back under the August high.  This could lead to a further 'bull trap' pullback over the near term.


UK - The Long Gilt has similarly failed to maintain the break over the August high.  A push over the recent peak at 120.27 is now needed to remove the danger of a 'bull trap' reaction over the short term.


Europe - The Euro 30-year Buxl contract has encountered resistance near the 200-day Moving Average once again.  Also, in view of the failed nudge over the summer high (bull trap), there is scope for further slippage, possibly towards the lateral region along 150.


Asia - Having experienced another (shallow) correction from overbought in late September, JGBs rallied to a new contract high, at 148.57.  Another pause is occurring from that level, though a sustained breach of the 50-day MA would be required to interrupt the uptrend.

To unsubscribe from this article, click here.
Disclaimer is a division of Stockcube Research Ltd which is authorised and regulated by the Financial Services Authority. The research provided by Stockcube on the Website (and any other Stockcube website) is provided solely to enable investors to make their own investment decisions and does not constitute personal investment recommendations. No recommendations are made directly or indirectly by Stockcube as to the merits or suitability of any investment decision or transaction which may result directly or indirectly from having viewed the investment research on the Website or having received it by email. Investors are therefore urged to seek independent financial advice if they are in any doubt. The value of investments and the income derived from them can go down as well as up, and the investor may not get back the full amount originally invested.

Bonds, as with all investments, are subject to price volatility and in the event of a default an investor may lose some or all of his or her original investment. This site also contains references to derivatives. These are particularly high risk, high reward investment instruments and an investor may lose more than his initial margin requirement. Some foreign currency instruments are also featured and if an investor decides to acquire any investment denominated in a currency different from the his or her own,  the investor should note that changes in foreign exchange rates may have an adverse effect on the value, price and income of the investment in the base currency.

None of the services provided as a result of this agreement constitutes a personal recommendation to invest from Stockcube and no service should be construed as such.  For the avoidance of doubt, where the word “recommendation” is used elsewhere in these terms it does not refer to a personal recommendation, unless this is explicitly stated.  The investments described by or in the services are not suitable for all investors. Investors  who have any doubt about whether particular investments are suitable for them should contact an independent financial adviser.

These services do not include personal investment recommendations from Stockcube and should not be construed as such. Stockcube may, at its discretion, provide information, advice, recommendations and research to subscribers from time to time on its own initiative or advise subscribers of other services available. Stockcube will be under no obligation to provide on-going advice in relation to financial instruments covered on this website.      

Please note UK Corporate bonds can only be purchased over the phone please contact us on 0845 607 6002

Important Information
Legal Information | About this website | Privacy Policy | Accessibility