by admin | Sep 15, 2017 | comments
Market Update Tsys lower, yields 0.5-2bps higher, 10Y 2.20% (+2bps), with European equities flat, S&P futures -1.5, crude unch after rallying above $50 yest . Tsys lower overnite with no reaction to latest N. Korea missile launch and terrorist bombing in London....
by admin | Sep 14, 2017 | comments
Market Update Tsys lower, extending declines in recent trade after BOE policy announcement and hawkish minutes, market discounting threats from N. Korea to ‘sink Japan and reduce US to ashes’ – US 10Y 2.208 (+2bps). Tsys traded in narrow range overnite until...
by admin | Sep 13, 2017 | comments
Market Update Tsys unch, 10Y 2.167%, low volume in TY futures o/n (~230k), with core European bonds underperforming slightly on supply, 10Y bund 0.403 (+0.5bps). Germany sold ~E2.5bln 10Y bunds at 0.39% with a b/c 1.6x vs 1.3x August 23rd. Bund futures lower with a...
by admin | Sep 11, 2017 | comments
Market Update Tsys lower, prices gapping lower overnite on ‘risk-on’ after Hurricane Irma weakened and N. Korea did not fire a missile on Saturday as expected, the US 10Y 5bps higher @2.10% with the tsy curve ~1bp steeper. Global equities higher, Euro stoxx +1.0%,...
by admin | Sep 8, 2017 | comments
Market Update Tsys trading mildly higher, 10Y 2.035% after falling below 2.02% in Asia on safe haven bid as Hurricane Irma approaches Florida, heavy volume in TY futures (515k). EGBs lower, sovereign spreads wider following comments from ECB member Likanen on...