/biz/ - Business & Finance

nigger

Is it time to buy the 2 year?

>nothing to see here

Baking.

>>56130664
Oil?

Bonds are lame

>move along

And then BOBO Fontaine comes along with his olive oil voice and guinea charm and she runs off

>>56130690
I think short oil

Tilray is the way

>>56130664
people who trade bonds are fags

>>56130742
It doesn't seem to be the way.

>>56130746
At least I make money with my bond trading.
Unlike my options gambling. I've lost $500 on that alone this year.

>>56130746
you're just mad that they get paid first when a shitco goes under

>>56130702
>>56130685
Proof that Bidenomics are working and the soft landing is done. That's another Biden win.

>>56130751

>>56130567
>They're going to get more obnoxious as the price continues increasing.
Same people pumping uranium now were saying a year ago that oil would go to $250. Uranium spot price is actually lower now than it was at it's 2022 peak. Sprott is planning to change their structure and allow bulk redemptions in a method that's vaguely similar to an ETF. Part of the apparent tightness between last spring and today was due to Sprott trading below NAV while maintaining hold on those useless tons of uranium because they had no mechanism to sell. Redemptions mean it won't trade much below NAV, but also means that weakness will lead to selling pounds into weakness thus exacerbating uranium price swings to the downside.

Unprofitable companies typically never become sustainably profitable. They will always be marginal, and the stocks exist to go through pump and dump cycles and dilute the fuck out of long term investors so that management can take their paycheck. Uranium will peak at a price thats roughly break even, they'll raise funds, and then their own supply response will crash the price. Same thing happens in every commodity. Investors in marginal producers are mostly retards.
Cameco and Kazatomprom seem to be the only stocks worth anything, long-term.

None of this means uranium can't pull some retarded squeeze in the near future, merely that any pump will surely be followed by equivalent dumping. Suppose it spikes to $200 as some pumpers will tell you. What would compel anyone to keep holding Sprott at that level? Knowing that other pumpers are about to dump, what would compel them to hold past even $100?
That said, at some point in the next 5 or so years, it'll HAVE to pump to $100+ to trigger that temporary supply response. Holding Sprott until that point is a minimum %15 IRR. I remain undecided whether this is the point in time to chase the bubble, or if it'll be delayed for yet another year.
As for oil I'll continue to hold my cheap producers, at better IRRs.

>>56130751
Only $500?
>5 fig losses 3 years in a row and counting

>>56130750
im sorry, what in the fuck did you draw? A dinosaur? TA is complete CRINGE

>>56130742
>SSSSSSSNNNNNNNNNIIIIIIIIIIFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF

>>56130762
have you tried investing instead of buying 0dtes

>>56130762
Wow.

>>56130775
Was up last year 5 figs but then over traded, so I'm going to keep doing this

>>56130759
The 60 million pounds that SPUT holds is only enough to cover the uranium deficit for one year. Redemption mechanism hasn't been approved yet.

What the fuck is going on with treasuries?

>>56130811
It's being managed.

Was that a glitch with yields? That shit was super fucking sus

>>56130664
Just bought another $20,000 of 17-weekers this past week. Wagmi bondbros \m/

>Welcome... to TreasuryDirect.gov
Just bought one of the bonds of all time. Now that the dust has settled, what did I think of it?

>>56130819
>>56130816
Similar action in Canada's bond market a few days ago

Every single financial institution in the United States is going to evaporate all at once. This inludes the US Treasury Department.

I just nooticed there are now NINETY FIVE stooks and ETFs in HOODS 24 hour trading. Still no BOIL despite there being KOLD and UNG though. XOM is in there now.

One month ago Canadian 04Y yields did the same too

>>56130808
It'll be approved instantly whenever shares trade below NAV again. It's free money. Thinking otherwise is like assuming some merger/buyout won't be approved while shares float a 20% discount. If there were enough interest to outvote such an action, a discount would not exist as those holders would keep holding while supply of the float quickly dries up.
Sprott is not the only source of spare pounds, but I don't think redemptions significantly extend the actual deficit timeline. What they could do, maybe, is stall out the possibility of an early pump this year - like we saw last year. This is important because if it's not squeezing right now, today, then there's going to be another retrace back to 50s. If it's not happening right now, for real, then I see no reason to buy today. None of it seems especially compelling over a 5+ year horizon, it is only worthwhile as a trade. Model and compare full-cycle valuations vs coal/oil and you'll understand what I mean. It was different back in 2020 with uranium pricing in the 20s, and I was long back then.
As it stands, I don't quite buy this pump. I'm skeptical.

kek, now we have split threads great work op

>>56130664
This may be one of the, if not the best /smg/s of all time

>>56130938
>This may be one of the, if not the best /smg/s of all time
Is that because it's *NOT* an /smg/ thread? It clearly says /bmg/, faggot inbred.
IS THAT /smg/?!?! HUH?

>>56130855
Kek'd audibly, not even sure why

>>56130938
It is because we are at an inflection point. 6% yields soon, stock baggies... Why not join us in comfy bond land?

>>56130973
>Makes argument for 6% yields.
>Current yields between 4.3-5%.
>Proceeds to call bonds a good investment.

>>56130973
Won't be very comfy when Janet absconds back to Israel with your money. :^)

Haha Jerome is so fucked. Yield controls incoming. Total market meltdown this week. Screencap this.

>tfw my roth lazy portfolio doing a lil' something something

>>56131024
Can someone explain to me how the price fluctuates in real time even though there is no treasury auction happening right now? What is dictating the live price?

treasuries are mid.
corporate bonds, now thats bussin fr fr

>>56130746
>yfw you will never purchase a zero coupon bond at a discount to face value and see it's value increase as rates fall

I am waiting to slurp TMF. How high are yields going bros??

>>56131203
>I am waiting to slurp TMF. How high are yields going bros??
What do you think about the Nov meeting? Hike, pause, cut??
t. Fellow TMF baron

>>56131203
I want to impregnate this woman regardless of if she wants it or not.

>>56130759

I remember warning people about SPUT. It was always obviously laughable that if there was a supply shortage that might shut down plants they'd ever be allowed to just sit on the Uranium and be like 'nuhuh, no redemptions', they'd be nationalized overnight and they'd be very lucky to get full value at that. So yes obviously they will redeem the needful, and Sprott are giga-kikes for even attempting to pretend otherwise.

I disagree about it peaking at break even, however. Commodity markets always go to retarded excesses in both directions, that's why they're fun to play. Of course there's going to be a shortage because the utilities are retarded and they got themselves in an undersupply situation that Cameco and KAZ are not gonna be able cover, and the little fish aren't going to be producing shit for years. Even if the buffer SPUT has built up allows them to coast on fumes for the next few years, speculators are going to front run them and bend them over the uranium barrel. SPUT was literally built to facilitate shaking them down, and pumping the mostly bullshit junior U miners to retardo levels and then dump them on retail idiots.

tharr be a happenin a brewin

>>56131310
Yes

>>56131310
Why?

is there an official yield curve from the FRED ?
all i found is this table
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2023

but I really want the curve. Also I want it for the nominal rates, but also for the real rates.

>>56131130
Bumping for some big brain bond poster to explain this to me

>>56131371
supply and demand for the bonds already issued i think

>>56131130
It's the futures market

>>56131130
The "bond market" refers to the secondary market. People who bought bonds from the treasury selling them to others. You can buy them directly from the treasury too, but the vast majority of bond market trading is people/corps trading between each other. It's kind of similar to the stock market, in that when people buy and sell stocks, they're trading with other people. With the vast majority of trades NOT being from stock issuer to 2nd party entity.

>>56131431
So then how do we see that on a weekend there are treasuries trading hands between two private companies?

Bros is this week gonna be it? One big stinky red shit?

>>56130664
Can you feel the energy surrounding this week financial world? This monday I can feel it, don't know how much make up they will try to hide or prolong this, but this week is a week of big opportunities for those that are liquid.

>>56131224
I think JPow will keep us at current fed funds rate. Probably cuts by early 2024 if shit doesn't break before then

>>56131612
What's the plan, buddy

>>56131357
>is there an official yield curve from the FRED ?
>all i found is this table
>https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2023
>
>but I really want the curve. Also I want it for the nominal rates, but also for the real rates.
BUMP WHERE IS THE YIELD CURVE FROM THE OFFICIALS ?

boomp
Verification not required.

ECB raised rates last week. I'm thinking Fed will raise rates too

>>56136716
Of course the Fed is going to hike. They already skipped and then inflootion rose again.

>>56136769
When do they announce it? Tomorrow or Wednesday

>>56137255
Wed

Bond market collapsing and crashing the entire world economy still wouldn't make up for how boring it is.

NNNNNIIIIIIIIIIIIIIIIIIIIIIIIIIGGGGGGGGEEEEEEEEEEEEEERSSSSSSSSSSSSSSSSSSSSS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

How do I trade bonds? I have no idea. I just know how to buy stocks and options

I can't believe this thread is still up.
Bond yields are mooning in 2 days, check um

Should I buy bonds or wait a few days?

>>56130855
/tv/ is the worst board on 4chan.

>>56138468
The fed is about to raise rates, just wait bro.

>>56138504
Fucks sake I forgot it was FOMC week.

>two more days of this.
Hello, I hate the feds.

>>56138514
What?! FOMC week!?! I did not notice! I bought 5k more SSO! AAAAAAAAAAAAAAAA

>>56138548
Prepare your anus.

THought about buying JNK etf bond fund about a year ago, wonder how i would have done

Buy bonds nigga, we're going to the moon

>The Organization for Economic Co-operation and Development (OECD) on Tuesday upgraded its projections for the global economic growth in 2023, setting the rate at 3% for the year. The gross domestic product (GDP), however, is expected to slow to 2.7% next year.

line goes up

I kind of want to buy bonds but my broker doesn't offer that many and the yield is lower than what I get for holding cash. Should I still invest in bonds?

>>56140961
dunno about bonds

Yields will never have a red day ever again