bondmarkets

A 20% decline in bond issuance in the Eurozone does not necessarily mean what traders think. Despite total issuance falling in the third quarter to €323 billion, the net figures tell a completely different story.

​This contradiction between declining totals and rising net issuance by 5% suggests that governments are managing their liquidity with extreme caution right now. Markets often misread this gap and expect opposite moves in monetary policy. Remember that net liquidity is what drives the decisions of big players in $EUR, not broad headlines.

​During periods of market volatility, I’ve noticed that ignoring net flows versus total issuance is the biggest mistake beginners make when analyzing macro.

​How will this funding gap affect risk appetite in financial markets over the coming months?

​#Eurozone #BondMarkets #MacroEconomics #Trading #Finance

U.S. Treasury yields rise on Monday, April 20, following a weekend of escalating tensions between the United States and Iran.

🔹 The 10-year Treasury yield rose to 4.266%, up more than one basis point.
🔹 The 2-year Treasury yield climbed more than two basis points to 3.733%, while the 30-year yield edged up less than one basis point to 4.893%.

#TreasuryYields #USEconomyEra #GeopoliticalRisk #IranTensions #BondMarkets