by admin | Jul 29, 2016 | comments
Market Update US tsys rebounding from o/n losses after Q2 GDP came in way below expectations 1.2% vs 2.5% exp with Q1 revised lower as well, US 10Y 1.51 (+1bps). GDP shortfall mainly an inventory story as inventories subtracted 1.2% while final sales were 2.4% vs 1.2%...
by admin | Jul 28, 2016 | comments
Market Update US tsys opening lower on avg volume in Ty1 futs, US 10Y 1.515%, giving back a little after yesterday’s 5bp rally post FOMC. Tsys pressured in Asian trasing despite lower Nikkei , mkts awaiting BOJ decision tomorrow. Crude lower for a 4th day after...
by admin | Jul 27, 2016 | comments
News headlines Market Update US tsys higher after weak durable goods orders (-4.0% vs -1.4% exp), curve flatter, US 10Y 1.57%, on average volume in TY futures. Tsys pressured lower following announcement of Japan fiscal stimulus package by PM Abe which was not...
by admin | Jul 26, 2016 | comments
News headlines US tsys higher, US 10Y 1.558 (-1.8bps) curve flatter in ‘risk off’ move as the Nikkei fell 1.5% and the Yen rose on rumors of smaller than expected BOJ stimulus. Japan’s finance minister said the size of the fiscal stimulus package has yet to be...
by admin | Jul 25, 2016 | comments
News headlines US tsys opening slightly lower, US 10Y 1.56% recouping earlier losses as stocks move lower, US stock futures fall into the red. Core Euro bonds also lower led by UK gilts. German bonds lower, steeper weighed by better than exp IFO index as well as long...