by admin | Aug 7, 2017 | comments
Market Update Choppy trade by the open, long end rebounds to mildly higher after recent Block sale of -14k TYU 126-00 helped push entire curve to session lows. Some desks report better buying on net. Flow included Asian real$ buying in the short end, Asian real$...
by admin | Aug 3, 2017 | comments
Market Update US tsys moving higher after rangebound session, US 10Y 2.24(-3bps) reacting to BOE 6-2 decision to leave rates unchanged, UK gilts 5-6bps lower across the curve, chance of rate hike in Nov at 36.5% vs 47.5% prior to announcement, GBP down 0.67%. Carney...
by admin | Aug 2, 2017 | comments
Market Update US tsys volatile after July ADP +178k vs 190k exp (June revised to 191k from 158k) and tsy refunding announcement – $62bln in 3, 10 & 30Y notes as expected, notably the Treasury made no mention of ultra-long bonds in the statement which is...
by admin | Aug 1, 2017 | comments
Market Update US tsys slightly lower, yields ~1bp higher across the curve, 10Y 2.30%, little reaction to as expected June core PCE 0.1%, 1.5% y/y (exp 1.4%), pres income unch vs 0.4% exp. Overnight, tsys under some pressure as Ex Fed chair Greenspan said bonds were in...
by admin | Jul 31, 2017 | comments
Market Update Treasuries open NY lower, after overnight two-way flows including Asian safe-haven bid amid another N.Korea ICBM missile firing. German Bund decline on higher than expected German retail sales, surprise Eurozone core inflation rise. Also selling in Tsy...
