Russia 2-year bond yield

Russia 2-year bond yield closed down by -0.88% to 6.79 on 23 January 2021 and +2.57% on a weekly basis. Russia 2-year bond yield momentum was last calculated at -100.0/100 indicating negative momentum. Russia 2-year bond yield trend is -100.0/100 indicating a negative trend. Russia 2-year bond yield momentum exhaustion is -0.94186 indicating Russia 2-year bond yield is oversold.Russia 2-year bond yield RSI is 32.6087 .

Russia 2-year bond yield Chart

Russia 2-year bond yield

Russia 2-year bond yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Russia 2-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 Russia 2-year bond yield trading signals presented in the Russia 2-year bond yield statistics table.

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
Russia 2-year bond yieldRU.2Y6.79-1-1-0.9418632.6087-0.882.5715.28-0.22518

Russia 2-year bond yield closed at 6.79 on 23 January 2021. Russia 2-year bond yield trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Russia 2-year bond yield momentum was last calculated at -100.0/100 (range: -100 to +100) indicating negative momentum. Russia 2-year bond yield momentum exhaustion is -0.94186 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Russia 2-year bond yield is oversold and a possible reversal is imminent. Russia 2-year bond yield RSI was last calculated at 32.6087. Russia 2-year bond yield moving averages were last recorded as follows: 1-month moving average: 4.519 in a downtrend , 1-quarter moving average: 4.54317 in a downtrend and 1-year moving average: 5.04278 in a downtrend. Russia 2-year bond yield annual return was last recorded at None%, daily return was last recorded at -0.88%, and weekly return was last recorded at 2.57%. Russia 2-year bond yield histrorical 20-day volatility was last recorded at 18.6716%, Russia 2-year bond yield alpha None, Russia 2-year bond yield beta None and Russia 2-year bond yield maximum drawdown was recorded at None%. MacroVar models monitor Russia 2-year bond yield statistics based on historical data since 1970.

Russia 2-year bond yield News

Russia 2-year bond yield Factors

Russia 2-year bond yield

FactorSymbolLast ValuePredicted ValueR2MacroVar Signal
Russia 2Y vs FXRU.FACT.FX2Y

Russia Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
RTSIRTS1586.120.50.750.7549659.1601-2.44-4.814.62-0.09932
Russia ETFRSX28.110.751.3435563.2073-2.53-3.175.01-0.01378
Russian Ruble US Dollar (RUB/USD)RUBUSD73.96-100.2627945.5344-0.231.83-0.640.20409
Russia 10-Year Bond YieldRU.10Y7.12-0.5-0.25-0.5219947.5003-1.25-0.280.85-0.06725
Russia 5-Year Bond YieldRU.5Y6.8800.25-0.4659647.664-2.69-0.862.99-0.11398
Russia 2-year bond yieldRU.2Y6.79-1-1-0.9418632.6087-0.882.5715.28-0.22518
Russia Yield CurveRU.YC0.3300.751.2052464.77-8.33-36.54-71.791.38281
Russia Credit Default SwapsCDS.Russia85.5-0.5-0.25-0.5248552.0676-0.87-0.58-11.860.4674

Russia Economic Indicators

IndicatorActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
balance of trade1020610591-0.03635161.723051.01.00.9833332021-05-31
bank lending rate6.426.030.0646766-0.113261.0-1.00.752021-05-31
business confidence0.3-0.3-2-1.042861.01.00.01666672021-05-31
capacity utilization606000.0344828-1.01.00.9166672021-05-31
capital flows2486959923.15037-0.2179071.0-1.00.4666672021-01-01
car registrations1519641486760.02211522.90432-1.01.00.9833332021-04-30
cash reserve ratio8800-1.0-1.00.2666672019-12-31
central bank balance sheet50061100495002000.0113313-0.01448711.0-1.00.2166672021-03-31
composite pmi5556.2-0.02135230.1247441.01.00.92021-06-30
consumer confidence-18-21-0.1428571.25-1.0-1.00.72021-04-01
consumer price index cpi647.46430.006842920.06497781.01.00.9666672021-06-30
core inflation rate6.556.040.08443711.266441.01.00.9333332021-06-30
current account550031810.729016-0.572351-1.0-1.00.22020-12-31
current account to gdp3.96.8-0.426471-0.338983-1.0-1.002019-01-31
deposit interest rate3.333.36-0.00892857-0.189781-1.0-1.00.452021-05-31
exports3481636863-0.05552990.6587741.01.012021-05-31
external debt471.4459.30.0263444-0.02904221.0-1.00.42021-04-01
fiscal expenditure16756800137343000.2200690.118126-1.01.00.7333332021-05-31
foreign direct investment388622750.7081320.784206-1.01.00.72020-10-01
foreign exchange reserves591529605232-0.02264090.03982791.01.00.12021-06-30
gdp1483.51687.45-0.120863-0.106783-1.0-1.002020-01-31
Real GDP20514.824995.5-0.179260.0211093-1.01.00.352021-01-01
gdp growth1.5-3.2-1.468751.51.01.00.9333332020-05-01
gdp growth annual-0.7-1.8-0.611111-1.36842-1.0-1.00.42021-01-01
gold reserves2295.422298.53-0.001353040.2139941.01.00.1666672021-01-01
government budget-3.81.8-3.11111-1.92683-1.0-1.002019-02-28
Government budget625.91312.071.00567-1.760391.01.00.252021-06-30
government debt16945.214572.80.1627960.4658861.01.002020-06-01
government debt to gdp17.814.60.2191781.738461.01.002020-01-31
government revenues17950200144671000.240760.167569-1.01.00.8166672021-05-31
housing index86.30.269841-0.658121.0-1.002019-01-31
housing starts56-0.1666670.388889-1.01.00.9833332021-05-31
imports2461026272-0.06326130.4274111.01.00.9833332021-05-31
industrial production11.87.60.552632-2.229171.01.00.32021-05-31
industrial production mom-2.1-4.1-0.487805-0.637931-1.01.00.2666672021-05-31
inflation cpi6.560.08333331.024921.01.00.852021-06-30
interbank rate4.614.52-0.104854-0.00646552-1.0-1.00.4333332021-03-31
interest rate4.254.5-0.0555556-0.433333-1.0-1.00.01666672020-07-24
loans to private sector35632200348483000.02249460.1321951.01.00.9166672021-04-30
manufacturing pmi49.251.9-0.0520231-0.00404858-1.0-1.00.452021-06-30
money supply m012752.312859.9-0.008367090.1376541.01.00.7666672021-05-31
money supply m133276.733030.30.007459820.2570811.01.00.8166672021-05-31
money supply m259194.159206.3-0.0002060590.1154391.01.00.6833332021-05-31
Producer Price Index729.77050.03503550.1014341.01.00.92021-02-28
PPI Index31.135.3-0.11898-3.205671.01.00.12021-06-30
retail sales MoM9.2-2.4-4.83333-0.09803921.0-1.00.352021-03-31
retail sales27.235.1-0.225071-2.416671.01.00.152021-05-31
services pmi56.557.5-0.01739130.1820081.01.00.9252021-06-30
total vehicle sales1578081473780.07077040.2869471.01.00.952021-06-30
unemployment rate4.95.2-0.0576923-0.196721-1.0-1.00.01666672021-05-31

Russia 2-year bond yield Trading Signals


MacroVar estimates the following signals: Russia 2-year bond yield momentum, Russia 2-year bond yield trend, Russia 2-year bond yield oscillator, Russia 2-year bond yield RSI and Russia 2-year bond yield returns.

Russia 2-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.

MacroVarRussia 2-year bond yield momentum signal ranges from -100 to +100. The Russia 2-year bond yield momentum signal is derived as the mean value from 4 calculations for the Russia 2-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. Russia 2-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. Russia 2-year bond yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Russia 2-year bond yield momentum signal moves from positive to negative value or vice-versa.

Russia 2-year bond yield trend

Russia 2-year bond yield trend signal ranges from -100 to +100. Russia 2-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. Russia 2-year bond yield Closing price vs Russia 2-year bond yield moving average (MA) calculation: If Russia 2-year bond yield is greater than Russia 2-year bond yield MA value is +1, else -1, 2. Russia 2-year bond yield Moving average slope calculation: if current Russia 2-year bond yield moving average is higher than the previous MA, Russia 2-year bond yield upward slope +1, else -1
Russia 2-year bond yield trend model can be used as a trend strength indicator. Russia 2-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 Russia 2-year bond yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Russia 2-year bond yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Russia 2-year bond yield is in an uptrend when Russia 2-year bond yield price is higher than the 52-week moving average and the Russia 2-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 Russia 2-year bond yield oscillator and Russia 2-year bond yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Russia 2-year bond yield oscillator

The Russia 2-year bond yield oscillator estimated by MacroVar is the z-score of the current Russia 2-year bond yield price versus Russia 2-year bond yield 1-year simple moving average price. The formula for the Russia 2-year bond yield oscillator is:
Russia 2-year bond yield oscillator = (Current Price – 250 trading days Russia 2-year bond yield simple moving average price) / (250 days Russia 2-year bond yield price standard deviation)

Russia 2-year bond yield oversold conditions
Russia 2-year bond yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Russia 2-year bond yield is oversold it is often due for a rebound. Values of the Russia 2-year bond yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Russia 2-year bond yield oscillator must be analyzed ibn conjunction with the rest of Russia 2-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 Russia 2-year bond yield RSI.
Russia 2-year bond yield overbought conditions
Russia 2-year bond yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Russia 2-year bond yield is overbought it is often due for a correction. Values of the Russia 2-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 Russia 2-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.

Russia 2-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 Russia 2-year bond yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Russia 2-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.

Russia 2-year bond yield returns

MacroVar calculates Russia 2-year bond yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Russia 2-year bond yield returns = (Russia 2-year bond yield Closing Price – Russia 2-year bond yield Previous Price)/(Russia 2-year bond yield Previous Price)
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