by admin | Feb 7, 2017 | comments, Uncategorized
Market Update US tsys reversing earlier gains, trading near the lows, US 10Y 2.43 (+2.4bps), pre auction shorts going into 1PM $24bln 3Y auction. European govt bonds mixed, bunds lower despite very weak Dec Ind Prod (-3.0% vs 0.3% exp). Gilts lower, disappointing...
by admin | Feb 6, 2017 | comments, Uncategorized
Market Update US tsys higher, accelerating higher in early NA trade with EGBS, tsy yields 2-4bps lower led by the 10Y @ 2.42 (-4.1bps). Tsys outperforming European govt bonds despite concerns over article 50 debate, widening in EU peripherals, with bund-BTP touching...
by admin | Feb 3, 2017 | comments, Uncategorized
Market Update US tsys shooting higher after stronger headline employment (227k vs 180k) yet weaker AHE with downward revision, , 10Y 2.45% (-3bps). Quiet overnight session with mkts awaiting payrolls, Reaction in tsys was muted in Asia despite the PBOC tightening...
by admin | Feb 2, 2017 | comments, Uncategorized
Market Update US tsys trading higher, yields ~3bps lower, 10Y 2.44%. Euro govt bonds sharply higher led by 10Y gilts 8bps lower @ 1.36% after the BOE voted to leave rates unch, upgraded its forecast for growth for the second time since Brexit and now sees inflation...
by admin | Feb 1, 2017 | comments, Uncategorized
Market Update Tsys lower trading at the low end of o/n range , yields 2-3 bps higher 10Y 2.484% after ADP came in +246K vs 168K exp. FOMC decision at 2pm, no change expected and there is no news conf yet statement will be closely watched for clues as to timing of...
