by admin | Oct 31, 2017 | comments
Market Update US tsys slightly lower, flatter, 10Y 2.374%, on above avg volume in TY futures (370k). Prices fairly flat in Asia but faded in Europe with EGBs, gilts lower despite weaker Eurozone inflation data, thou flows light with Germany out for one day holiday....
by admin | Oct 30, 2017 | comments
Market Update Tsys little changed , 10Y 2.40%, on heavy volume in TY futures (>400k). Busy week ahead with FOMC decision Wednesday and Oct payrolls Friday. The next Fed chair is also expected to have announced this week. Payrolls are forecast to have risen 300k...
by admin | Oct 27, 2017 | comments
News headlines The Race for a Major Tax Overhaul Is On. Here’s One Big Obstacle (Bloomberg) The House narrowly adopted a budget resolution, but a lingering obstacle to overhauling the U.S. tax code re-emerged: whether or how to limit a federal tax break that benefits...
by admin | Oct 26, 2017 | comments
Market Update US tsys mixed with longer maturities slightly higher, curve flatter, 10Y 2.424%, lagging the rally in bunds after the ECB unveiled its QE plan which met expectations for a nine-month extension and reduction in purchases to E30bln/mnth. According to a...
by admin | Oct 25, 2017 | comments
Market Update US tsy yields another 2.5-4bps higher after solid US durable goods orders, US 10Y 2.47% (+3bps), heavy volume in TY futures (520k), pressured by weaker EGBs, stronger US Sep Durable Goods new highs in USDJPY, equities weaker (S&P fut -3.5). Core Euro...
