by admin | Jun 21, 2017 | comments
Market Update US tsys lower, 10Y 2.167% (+1bp), on moderate volume in TY futures (250k). Tsys pressured lower in Europe as gilts tumbled on hawkish comments from BOE Haldane said rates may have to move higher in the second half of the yr. Bunds mixed, longer...
by admin | Jun 20, 2017 | comments
Market Update US tsys trading higher, yields 0.5bps – 2bps lower led by the long end in a bull flattening move with the 10Y 2.177 (-1.1bps), US 10/30 curve new lows 59bps, 6bps since last week’s FOMC. S&P futures -2.75, crude off 2.6% below $44 before DOE...
by admin | Jun 19, 2017 | comments
Market Update Tsys moving lower in NY trade after Fed Dudley comments on wages and inflation, US 10Y 2.167%. Dudley noted inflation is lower than the Fed would like while wage growth should pick up. Overnite was mostly range bound, quiet action, European equities are...
by admin | Jun 16, 2017 | comments
Market Update Tsys slightly weaker off the lows after May housing starts fell 5.5% vs 4.1% increase exp to the lowest pace since Sep 2016, US 10Y 2.165%. Euro equities higher, S&P futures +1.25, crude bouncing off the lows 44.85. Core Euro bonds lower led by...
by admin | Jun 15, 2017 | comments
Market Update Tsy yields 1.5-2.5 bps higher on higher than avg volume in TY futs (440k), long end steeper reversing some of yesterday’s post FOMC bull flattening which had seen longer tsy yields at YTD lows, US 10Y now 2.148 (+2.5bps). Core EGBs lower, underperforming...