05/05/2017

Market Update Tsys moving higher despite stronger US payrolls (211k vs 190k) and a decline in the unemp rate to 4.4% and the underemployment rate the lowest since 2007. Yet AHE fell to 2.5% from 2.6% in Mar (revised from 2.7%) and participation rate fell to 62.9% from...

04/05/2017

Market Update Tsys lower after claims & Q1 prod. Data , after a risk on overnite session. US 10Y 2.352% (+3bps), Euro equities at new highs up 0.80%, S&P futures +5.5. Stocks buoyed by polls showing Macron won TV debate ahead of Sunday’s run-off EGBs pressured...

03/05/2017

Market Update Tsys trading lower, US 10Y ~1bp higher 2.29% after 4bp rally yest, little reaction to slight beat on ADP +177 vs 175K exp with a small revision to March, FOMC decision later this afternoon, mkt will look for more info on balance sheet and inflation...

02/05/2017

Market Update US tsys lower, yields 1.5bps higher led by the 10Y at 2.332% (1.6bps), volumes in TY fuutres closer to avg (236k) as Europe/Asia back from vac.  Equities lower( emini -1.25), crude higher (49.30 + 0.30), USD up vs Yen for 4th day. Latest JPM Client...

01/05/2017

Market Update US tsys lower, yields 0.5bps higher thru the curve on very light volume in TY futures – 134k less than half avg as Europe is closed, much of Asia as well.  Little reaction to weaker than exp March Personal Income/spending data – PCE deflator 1.8% vs 1.9%...