by admin | Feb 5, 2016 | comments
Market update US tsys lower despite weaker non-farm payrolls 151K vs 192K with Dec revised lower 262K from 292K, but AHE , unemp rate & part rate all stronger., US 10Y 1.86 (+, crude up 1.1% @ 32.07, Asian stocks lower o/n. Core Euro bonds lower led by 10Y UK...
by admin | Feb 4, 2016 | comments
Market update US tsys are little changed with the US10Y 1.872 (-1bp), reversing earlier losses as equity futures decline, crude oil moves below $32.00 and weaker data (claims higher, productivity -3.0% vs -2.0% exp). Global equities mixed – Euro stocks slightly lower...
by admin | Feb 3, 2016 | comments
Market update US tsys are lower, US 10Y 1.89 (+3bps), curve unch after ADP came in above exp (205k vs 195k) despite another weak Asian equity session . ADP may have been overstated according to SMRA as it included ‘real activity measures that improved as well as a...
by admin | Feb 2, 2016 | comments
Market update US tsys are higher, curve flatter as crude continues to decline for a second day, European stocks weaken, US 10Y 1.925 (-2.3bps). Core Euro bonds higher, German 10Y bund yield 3 bps lower @0.32% & curve 2bps flatter despite German unemployment...
by admin | Feb 1, 2016 | comments
Market update US tsys opening slightly lower, curve flatter, US 10Y 1.931 (+1bp), so far only small reaction to weaker US Dec PCE deflator. Core Euro bonds lower, German 10Y bunds lower ~2bps higher @0.343, after initially rallying on weaker China PMI, giving up gains...
