by admin | Mar 8, 2016 | comments
Market update Tsys sharply higher, curve ~3bps flatter with longs leading (2.643 -6.4bps) and the US 10Y 1.85 (-6bps). European equities unch after being down 1.6% as euro bank stocks surged in just a few minutes ~7:00am. Gold & crude higher. Tsys bid right out...
by admin | Mar 7, 2016 | comments
Market update Treasuries open NY weaker, 10-year note 1.907%, 2-year 0.894%. In Asian session, China foreign exchange reserves declined but at smaller pace than previous months; China Communist Party sets goal of 6.5 to 7 percent yearly growth. Asian commercial banks...
by admin | Mar 4, 2016 | comments
Market update Tsys lower after Feb payrolls came in better than exp despite lower wage growth, US 10Y 1.86 (+2bps). Risk on session o/n with European equities higher, USD lower, crude unch. Core European bonds lower, German 10Y bund 3bps higher @0.20% –...
by admin | Mar 3, 2016 | comments
Market update US tsys trading lower after fairly subdues session with little reaction to the 6k jump in initial claims & better than exp Q4 productivity (-2.2 vs -2.9). Euro stocks lower, Asian stocks higher for a second day, crude lower @ $34.40. Aussie govt...
by admin | Mar 2, 2016 | comments
Market update US tsys opening lower, US 10Y 1.84, curve steeper after ADP came in above exp (214K vs 190K) thou Jan was revised lower. Tsy 10Y futures confined to narrow range most of the o/n session with weaker bias as. European stocks higher for a 5th day, Crude...
