by admin | Dec 3, 2015 | comments
Market update US tsys trading sharply lower after ECB decision, Draghi press conference, US 10Y 2.223 (+4.4bps), curve ~3bps steeper. Core European bonds sharply lower as well, 10Y bunds +10bps @ 0.57%. ECB decision to cut deposit rates by 10bps less than some had...
by admin | Dec 2, 2015 | comments
Market update US tsys opening lower, US 10Y 2.17 (+3.7bps), curve 1bp steeper after stronger ADP & Q3 Productivity. Fed chair Yellen to testify before congress later this morn. Odds of a rate hike have risen to 72% for next week’s FOMC meeting from ~65% prior to...
by admin | Dec 1, 2015 | comments
Market update US tsys opening lower, US 10Y 2.27 (+2bps), well off the lows of the session as US stock futs turn lower. Euro stocks mixed – DAX lower on 3.8% decline in materials, FTSE up 0.58% on solid results from stress tests. German 10Y bunds lower above 0.505 on...
