by admin | Jan 30, 2017 | comments, Uncategorized
Market Update US tsys mixed, slightly higher out to five years with the back end lagging, curve 1bp steeper, 10Y 2.49%. Little reaction to PCE which came in below exp (0.3% vs 0.4%). Prices off the lows after Jan German inflation came in below exp(1.9% vs 2.0%) ....
by admin | Jan 27, 2017 | comments, Uncategorized
Market Update US tsys higher, erasing earlier slight losses, 10Y 2.506 after a miss on Q4 – mostly on trade as final sales rose 2.1% vs 1.8%. Light volume overnight as China closed for New Year. Core European bonds higher, 10Y gilts 2.5bps lower @ 1.485% on no data...
by admin | Jan 26, 2017 | comments
Market Update US tsys slightly lower, steeper, US 10Y 2.53 after reaching 2.55% in European trading. US data mix on the weak side with claims, inventories higher thou Chicago Fed for Dec stronger – 0.144 highest since Jan 16. Core European bonds lower, 10Y bund...
by admin | Jan 25, 2017 | comments, Uncategorized
Market Update US tsys lower with the tsy curve steeper, prices off overnight price low which saw the 10Y hit 2.485%, now 2.48% (+1.5bps). Tsys weaker in Asia as risk on carried over from Tuesday & Nikkei rose 1.43% the largest rise since Jan4th. The MSCI – All...
by admin | Jan 24, 2017 | comments, Uncategorized
Market Update US tsys lower, yields 2-4 bps higher led by 10s @ 2.434 (+3.4bps), curve 1.5bps steeper. Tsys pressured since Asia after Monday’s short covering rally. USD higher after hitting a seven-week low on Treasury Secretary Mnuchin warning of excessive strength,...
