by admin | Oct 13, 2017 | comments
Market Update US tsys rising sharply after Sep CPI/retail sales misses- particularly the latter with core CPI 0.1% vs 0.2% exp, retail sales were relatively firm, , US 10Y 2.33%, trailing the strong gains in core Euro bonds where longer term yields are 2-3bps lower....
by admin | Oct 12, 2017 | comments
Market Update US tsys higher, yields 1.5-2bps lower led by the 7-10Y with the 10Y 2.33(-1.8bps), Euro equities lower, S&P futures -4 pts. Tsys saw heavy buying in Asia hours according to MNI with block trade in TY futs around the European open (~4.3k). Core Euro...
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...