SUNNYVALE, Calif., Dec. 16, 2010 /PRNewswire/ -- Macro9 Group LLC, a Silicon Valley business analytics start-up, announced today that its newly released analytics system has identified market pricing behavior, coinciding with recent financial news, that points to continued price declines in longer dated Treasuries.
Macro9's newly released Macro-Score Analytics System compares trending business news with real-time price changes in U.S. financial markets. Macro-Score categorizes news stories by topic and then ranks these news topics based on the degree of market price volatility tracked over each story's news cycle.
Over the past 14 days, Macro-Score has flagged several news topics that closely coincide with the sell-off in the U.S. Treasury bond and note markets. The news topics with the highest coincident price impact rankings are:
- Obama tax cut compromise
- Improving US economic growth forecasts
- Treasury price declines
- Improved retail sales
- Commodity prices
"The Macro-Score Analytics System is a powerful cloud-based, general purpose analytics solution designed to monitor content feeds and identify potential market inflection points. We are using financial market news and data to showcase the systems capacity and accuracy. So far, it is exceeding even our own expectations," according to Bradford Newton, Managing Director of Macro9 Group.
Regarding the Treasury market news findings, Bradford says, "Of all the markets we've tested, the news topics coinciding with the longer-term Treasury price declines have had the highest impact scores. The open-ended nature of these news themes suggests to us that the trend in Treasuries price declines will likely continue."
About Macro9 Group
Newly founded Macro9 Group LLC provides analytics, research and data modeling solutions to businesses and financial decision makers. Macro9 is headquartered in Silicon Valley, CA. For more information, please visit the company's Web site at http://www.macro9.com.
SOURCE Macro9 Group LLC