by admin | Jun 29, 2017 | comments
Market Update US tsys sharply lower, 10Y 2.274% (+4.5bps), off the lows after Q1 GDP revised higher 1.4% vs 1.2% & PCE 1.1% vs 0.6%, thou GDP price index 1.9% vs 2.2% prev. Heavy volume in TY1 futures (690k) overnite. Core EGBs lower as well, the German bund curve...
by admin | Jun 28, 2017 | comments
Market Update US tsys paring earlier losses following comments from ECB that Draghi’s comments yesterday were misinterpreted, tys yields now ~1.5bps lower in the short end, slightly higher out the curve, 10Y 2.21 (+0.7bps), heavy volume in TY1 futures (600k)....
by admin | Jun 27, 2017 | comments
Market Update US tsys lower, under pressure from lower EGBs in reaction to hawkish Draghi comments, US 10Y 2.163 (+2.6bps). Core EGBs sharply lower after Draghi said the global recovery was firming and inflation is being boosted by temporary factors, deflationary...
by admin | Jun 23, 2017 | comments
Market Update US tsys opening slightly weaker out the curve on light volume, 10Y 2.16%, pressured lower with EGBs. UK gilts lower, curve 3bps flatter on hawkish comments from BOE Forbes hat there shouldn’t be delay in raising rates, 2Y gilt 3bps higher @ 0.24% highest...
by admin | Jun 22, 2017 | comments
Market Update US tsys slightly lower, 10Y 2.158% on low volume in TY futures (200k), narrow 4 tick range. Core EGBs mixed – Bund curve flatter, 5Y +2bps, demand for flatteners , much higher than ag volume in the current 5Y ‘Bobl’ contract, the 5s30s curve 5bps...
