by admin | Mar 20, 2017 | comments, Uncategorized
Market Update Tsys trading slightly lower, yields 0.5bps higher across the curve, US 10Y 2.50%. Low volume in Ty futures as Japan mkt closed for holiday. Volume picked up after 7:30 on news UK will trigger article 50/Brexit talks. The GBP slid on the news, UK gilts...
by admin | Mar 17, 2017 | comments, Uncategorized
Market Update US Tsys prices open NY mixed after overnight range then creep higher in price since about six am ET, then recent profit-taking; cash 10Y note is at 2.530%, vs. recent low yield notched at 2.517%. More Tsys pressure rate-hike rhetoric from ECB’s Nowotny....
by admin | Mar 16, 2017 | comments, Uncategorized
Market Update Tsys open NY weaker after Wed post-FOMC rally. FOMC lifted rates by 25bps. However, the Fed dot plot projections showed forecasts for 2017 and 2018 were unchanged from December. Tsys near low end of range, cued by lower Bunds and Gilts. Overnight rates...
by admin | Mar 15, 2017 | comments, Uncategorized
Market Update Tsys drifting lower after firmer 8:30 US data , 10Y 2.584(-1.6bps) – Feb retail sales came in as exp but large upward revision to Jan, CPI 0.1% vs 0.0% exp., stronger Empire Man. Modest volume in TY futures overnite as mkt awaits FOMC decision this aft....
by admin | Mar 14, 2017 | comments, Uncategorized
Market Update Tsys higher, yields 1-2bps lower, curve flatter, 10Y 2.606% (-2bps), S&P futures lower and crude below $48 on news OPEC raised output above 10mln bbls/day in Feb. Bund yields lower after the 10Y briefly went above 0.50% for the first time since...