by admin | Jul 14, 2017 | comments
Market Update Treasuries prices open NY higher, fractionally flatter, follow core EGBs upward within range on light summer volume, France’s July 14th Bastille Day holiday. US equities futures mixed. Rally post data, holding gains on the double miss, orderly...
by admin | Jul 13, 2017 | comments
Market Update Tsys trading lower after PPI/Initial Claims , after being under pressure for most of the early NA session, US 10Y 2.33 (+2bps). Yellen speaks before Senate in part II of testimony, followed by $12bln 30Y bond auction at 1:00PM. EGBs lower , gilts...
by admin | Jul 12, 2017 | comments
Market Update US tsys rallying on Yellen’s prepared text release – the mkt focusing on comments that US rates don’t need to rise much to reach neutral, US 10Y 2.31% vs 2.36 pre Yellen. Tsys were already higher overnite with core EGBs after solid 10Y bund...
by admin | Jul 11, 2017 | comments
Market Update US tsys lower overnight after selling in Asia, rebound in Europe, volume light in TY futures (238k), 10Y 2.386 (+1.3bps). Core Euro bonds lower , curves mixed. Gilt yields 1-2.5bps higher led by the short end while the bund curve is bear steepening....
by admin | Jul 10, 2017 | comments
Market Update US tsys higher near top of overnight range on avg volume in TY futures (280k). Tsy curve ~1bp flatter led by 10s, longs lagging , 10Y 2.365 9-2.1bps). Oil weaker -0.50 @ 43.72, S&P futs +1.5 pts, DXY slightly higher. Core EGBs higher, outperforming...
