Tag Archives: fomc meeting

Ten Year Treasury Notes at Critical Juncture

The current interest rate scenario has been by far the loudest nothing I’ve heard since Greece was about to collapse. The confounding factors have sent us back through 45 years of Federal Open Market Committee (FOMC) decisions line by line. This was tedious, to the say the least, relevant at its best. Aside from FOMC data perusals and the hopeful nuggets of useful information, price and time appear to be doing their best to draw our attention back to where the rubber actually meets the road. That being said, we’ve reached a critical point in price and time that should yield big clues in the future direction of interest rates.

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Eurodollar Safe Haven

Indecision, fear and uncertainty continue to strengthen their grip on the markets as we head towards the Federal Open Market Committee’s FOMC meeting beginning today as well as a possible Greek default by the end of the month. Faced with the possibility of correctly forecasting the actual events of the FOMC and the Greeks versus trading the reality of the markets’ collective reactions, investors are taking chips off the table. Here’s a brief look at why chips are stacked a bit differently than they have been since the ’08 economic collapse and the one pocket of the interest rate sector that could benefit substantially should indecision, turmoil and volatility be the effects of this month’s economic announcements.

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