Philippines 10-Year Bond Yield

Philippines 10-Year Bond Yield closed up by 11.11% to 4.25 on 23 January 2021 and +13.33% on a weekly basis. Philippines 10-Year Bond Yield momentum was last calculated at -50.0/100 indicating negative momentum. Philippines 10-Year Bond Yield trend is +0.0/100 indicating a positive trend. Philippines 10-Year Bond Yield momentum exhaustion is -0.57201 indicating Philippines 10-Year Bond Yield is oversold.Philippines 10-Year Bond Yield RSI is 52.2822 .

Philippines 10-Year Bond Yield Chart

Philippines 10-Year Bond Yield

Philippines 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Philippines 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Philippines 10-Year Bond Yield trading signals presented in the Philippines 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Philippines 10-Year Bond Yield PH.10Y 4.25 -0.5 0 -0.57201 52.2822 11.11 13.33 8.97 -0.32386

Philippines 10-Year Bond Yield closed at 4.25 on 23 January 2021. Philippines 10-Year Bond Yield trend was last calculated at +0.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Philippines 10-Year Bond Yield momentum was last calculated at -50.0/100 (range: -100 to +100) indicating negative momentum. Philippines 10-Year Bond Yield momentum exhaustion is -0.57201 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Philippines 10-Year Bond Yield is oversold and a possible reversal is imminent. Philippines 10-Year Bond Yield RSI was last calculated at 52.2822. Philippines 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 2.975 in a downtrend , 1-quarter moving average: 2.91 in an uptrend and 1-year moving average: 3.42993 in a downtrend. Philippines 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at 11.11%, and weekly return was last recorded at 13.33%. Philippines 10-Year Bond Yield histrorical 20-day volatility was last recorded at 0.0%, Philippines 10-Year Bond Yield alpha None, Philippines 10-Year Bond Yield beta None and Philippines 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Philippines 10-Year Bond Yield statistics based on historical data since 1970.

Philippines 10-Year Bond Yield News

Philippines 10-Year Bond Yield Factors

Philippines 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Philippines PMI vs 10Y PH.FACT.10YPMI 2.95 51.4 0
Philippines 10Y vs FX PH.FACT.FX10Y

Philippines Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
PSI Composite PSI 6476.21 1 0.75 0.93245 60.3009 -5.25 -6.39 1.36 -0.07402
Philippines ETF EPHE 28.52 0 0.25 1.33486 54.0698 -4.65 -7.67 -1.04 -0.03749
Philippine peso US Dollar (PHP/USD) PHPUSD 50.32 -1 -1 -1.39932 40.9487 0.24 3.26 3.85 -0.0544
Philippines 5-Year Bond Yield PH.5Y 2.87 -1 0 -0.61581 77.0894 -1.03 -1.88 -4.33 -0.31841
Philippines 2-year bond yield PH.2Y 2.15 -0.5 -1 -0.9837 30.4295 2.33 0.14 -14.72 -0.54704
Philippines Yield Curve PH.YC 2.1 0.5 1 1.10936 59.2792 21.81 31 52.28 0.82149
Philippines Credit Default Swaps CDS.Philippines 48.25 -0.5 -0.5 -0.91066 44.8324 5.46 8.43 3.76 -0.03705

Philippines Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade -2734000 -2412000 0.133499 5.09312 -1.0 -1.0 1 2021-04-30
bank lending rate 6.542 6.767 -0.0332496 -0.0686219 -1.0 -1.0 0.0166667 2019-12-31
banks balance sheet 3078.5 3172.3 -0.0295685 1.47309 1.0 1.0 0.95 2020-08-31
building permits 33627 31026 0.0838329 -0.153974 -1.0 -1.0 0.116667 2021-01-01
business confidence 1.4 17.4 -0.91954 -0.964557 -1.0 -1.0 0.15 2021-04-01
capacity utilization 66.14 63.6 0.0399371 -0.0985416 1.0 -1.0 0.233333 2021-05-31
capital flows 6.24 6.4 -0.025 -0.632941 1.0 -1.0 0.2 2021-03-31
cash reserve ratio 12 14 -0.142857 -0.333333 -1.0 -1.0 0.0166667 2020-03-31
central bank balance sheet 7340.26 7306.26 0.00465354 0.46901 1.0 1.0 1 2020-11-30
consumer confidence -30.9 -34.7 -0.10951 -19.1765 -1.0 -1.0 0 2021-04-01
consumer price index cpi 128 127.8 0.00156495 0.0414972 1.0 1.0 0.716667 2021-06-30
core inflation rate 3 3.3 -0.0909091 0 -1.0 -1.0 0.308333 2021-06-30
current account -380.26 282.38 -2.34663 0.508968 -1.0 -1.0 0.75 2021-03-31
current account to gdp 3.6 -0.9 -5 0.636364 1.0 1.0 0 2020-01-31
deposit interest rate 1.5 1.5 0 -0.333333 -1.0 -1.0 0.266667 2021-02-28
exports 5893110 5780460 0.0194881 0.299811 1.0 1.0 0.933333 2021-05-31
external debt 98488 83617.9 0.177834 0.509904 1.0 1.0 0 2018-03-28
fiscal expenditure 456721 336346 0.35789 0.291526 1.0 1.0 0.816667 2021-05-31
foreign direct investment 679 808 -0.159653 1.14196 1.0 1.0 0.9 2021-04-30
foreign exchange reserves 106080 107710 -0.0151332 0.134911 1.0 1.0 0.766667 2021-06-30
gdp 376.796 346.842 0.0863621 1.41567 1.0 1.0 0 2019-01-31
Real GDP 4244700 4825180 -0.120302 0.985351 1.0 1.0 0.966667 2020-11-01
gdp growth 0.3 3.8 -0.921053 -0.785714 1.0 -1.0 0.1 2021-01-01
gdp growth annual -4.2 -8.3 -0.493976 -1.64615 -1.0 -1.0 0.0666667 2021-01-01
gold reserves 164.05 187.91 -0.126976 -0.164715 -1.0 -1.0 0.183333 2021-01-01
government budget -7.5 -3.4 1.20588 7.33333 -1.0 -1.0 0 2020-01-31
Government budget -200306 -44426 3.50876 -114.424 -1.0 -1.0 0.0166667 2021-05-31
government debt to gdp 53.5 39.6 0.35101 -0.0219378 1.0 -1.0 0 2020-01-31
government revenues 256415 291920 -0.121626 0.692586 1.0 1.0 1 2021-05-31
housing index 10590 10327 0.0254672 -0.0173518 -1.0 -1.0 0.116667 2020-10-01
imports 8450000 9097210 -0.0711438 1.57409 1.0 1.0 1 2021-04-30
industrial production 249.5 154.3 0.61698 -4.35349 1.0 1.0 0.15 2021-05-31
inflation cpi 4.1 4.5 -0.0888889 0.64 1.0 1.0 0.533333 2021-06-30
interest rate 2 2.25 -0.111111 -0.555556 -1.0 -1.0 0.0166667 2020-11-19
lending rate 2.5 2.75 -0.0909091 -0.444444 -1.0 -1.0 0.05 2020-11-30
loans to private sector 7939250 7923510 0.00198649 -0.0290481 1.0 -1.0 0.05 2021-05-31
manufacturing pmi 50.8 49.9 0.0180361 0.0221328 1.0 1.0 0 2021-06-30
money supply m0 1669240 1669450 -0.00012579 0.0409264 1.0 1.0 0.0166667 2021-05-31
money supply m1 5568470 5517340 0.00926715 0.100255 1.0 1.0 0.2 2021-05-31
money supply m2 13614200 13524300 0.00664729 0.0545387 1.0 1.0 0.1 2021-05-31
money supply m3 14281500 14198300 0.00585986 0.0434659 1.0 1.0 0.0333333 2021-05-31
Producer Price Index 89.16 90.43 -0.014044 -0.04257 -1.0 -1.0 0.316667 2021-05-31
PPI Index -4.3 -3 0.433333 -0.0444444 1.0 1.0 0.783333 2021-05-31
retail sales MoM 0.4 -0.3 -2.33333 3 1.0 1.0 0.966667 2020-06-30
retail sales yoy 2.1 2 0.05 2.5 1.0 1.0 0.866667 2021-05-31
total vehicle sales 7382 7599 -0.0285564 0.566971 1.0 1.0 0.95 2021-06-30
unemployment rate 8.7 10 -0.13 0.74 1.0 1.0 0.966667 2020-11-01
Interbank Rate 1.66 1.66 0 0.469027 1.0 1.0 0.983333 2021-06-02

Philippines 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Philippines 10-Year Bond Yield momentum, Philippines 10-Year Bond Yield trend, Philippines 10-Year Bond Yield oscillator, Philippines 10-Year Bond Yield RSI and Philippines 10-Year Bond Yield returns.

Philippines 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarPhilippines 10-Year Bond Yield momentum signal ranges from -100 to +100. The Philippines 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Philippines 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Philippines 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Philippines 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Philippines 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Philippines 10-Year Bond Yield trend

Philippines 10-Year Bond Yield trend signal ranges from -100 to +100. Philippines 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Philippines 10-Year Bond Yield Closing price vs Philippines 10-Year Bond Yield moving average (MA) calculation: If Philippines 10-Year Bond Yield is greater than Philippines 10-Year Bond Yield MA value is +1, else -1, 2. Philippines 10-Year Bond Yield Moving average slope calculation: if current Philippines 10-Year Bond Yield moving average is higher than the previous MA, Philippines 10-Year Bond Yield upward slope +1, else -1
Philippines 10-Year Bond Yield trend model can be used as a trend strength indicator. Philippines 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Philippines 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Philippines 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Philippines 10-Year Bond Yield is in an uptrend when Philippines 10-Year Bond Yield price is higher than the 52-week moving average and the Philippines 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Philippines 10-Year Bond Yield oscillator and Philippines 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Philippines 10-Year Bond Yield oscillator

The Philippines 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Philippines 10-Year Bond Yield price versus Philippines 10-Year Bond Yield 1-year simple moving average price. The formula for the Philippines 10-Year Bond Yield oscillator is:
Philippines 10-Year Bond Yield oscillator = (Current Price – 250 trading days Philippines 10-Year Bond Yield simple moving average price) / (250 days Philippines 10-Year Bond Yield price standard deviation)

Philippines 10-Year Bond Yield oversold conditions
Philippines 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Philippines 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Philippines 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Philippines 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Philippines 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Philippines 10-Year Bond Yield RSI.
Philippines 10-Year Bond Yield overbought conditions
Philippines 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Philippines 10-Year Bond Yield is overbought it is often due for a correction. Values of the Philippines 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Philippines 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Philippines 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Philippines 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Philippines 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Philippines 10-Year Bond Yield returns

MacroVar calculates Philippines 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Philippines 10-Year Bond Yield returns = (Philippines 10-Year Bond Yield Closing Price – Philippines 10-Year Bond Yield Previous Price)/(Philippines 10-Year Bond Yield Previous Price)
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