by admin | Oct 11, 2017 | comments
Market Update US tsys higher, 10Y 2.35% (-1bp) ahead of thin calendar with JOLTs job opening data and FOMC minutes from Sep meeting at 2:00PM. The US tsy auctions $24bln in 3Y and $20bln in 10Y notes as well with the latter ~17bps higher in yield than at the last...
by admin | Oct 10, 2017 | comments
Market Update US tsys slightly higher, 10Y 2.345 (-1.5bps) on avg volume in TY futures (270k). a large5Y tsy/German block trade helped underpin tsys in Europe. Gilts lower, underperforming bunds on weak 20Y gilt reopening and better than exp Sep industrial...
by admin | Oct 6, 2017 | comments
Market Update US tsys weaker before Sep payrolls release,10Y 2.365% (+1.6bps). Sep employment expected to have risen 80k after a 156k increase in August, the latest data distorted by hurricanes. Equities weaker (S&P fut -1.0), oil weaker. Tsys under pressure in...
by admin | Oct 5, 2017 | comments
Market Update US tsys slightly lower, curve flatter, US 10Y 2.325%, on below avg volume in TY futures (172k). Mkt awaits Fed Governor Powell speech at 9:10 and Friday payrolls data. Euro stocks slightly higher, crude below $50 on record high US exports last week....
by admin | Oct 4, 2017 | comments
Market Update Tsys higher, yields 1-2bps lower, US 10Y 2.30 (-2bps). ADP employment rose 135k as expected last month. Fed Fischer said on BBG that low rates have been less successful than expected, while he still expects higher inflation. Trump close to picking Fed...
