by admin | Jul 7, 2017 | comments
Market Update US tsys trading weaker off the lows before non farms (exp 170k, unem rate 4.3%, 0.3% AHE), US 10Y 2.386% (+2bps), heavy selling in 10Y tsy futures tied to weaker Yen – 2 block trades for combined 780k/DV01. Crude -2.5% @ 44.33 despite yesterday’s drop...
by admin | Jul 6, 2017 | comments
Market Update US tsys trading sharply lower, US 10Y 2.382 (+6bps) – no reaction from weaker June ADP (158k vs 188k) . Tsy weakness spurred by steep selloff in core EGBs, particularly bunds & OATS. German 10Y +9bps @ 0.562% at 1 ½ yr high eclipsing 0.509%...
by admin | Jul 5, 2017 | comments
Market Update US tsys higher, yields ~1bp lower with the 10Y outperforming. Tsy prices rose in Asia in safe haven bid on continued fallout from North Korea missile launch, but then faded on Europe on supply & stronger Euro data, heavy selling at the lows in TY...
by admin | Jul 4, 2017 | comments
Market Update US tsys futures and GoC moving higher supported by risk-off tone following news of a successful North Korean missile launch. Initially, bonds had benefited from a flight to quality trade as a result of another North Korean missile launch. However, equity...
by admin | Jun 30, 2017 | comments
Market Update US tsys moving lower after PCE, 10Y 2.263%, on heavier than avg volume in TY1 futures, 470k vs ~600k last two days. Treasuries rose with EGBs into month/qtr end, 10Y bund 1bp lower 0.44% , +20bps wk/wk, 10Y bund/tsy spd just off recent narrows @ 182bps....
