by admin | Oct 5, 2016 | comments
Market Update – US tsys slightly higher in NA trade, US 10Y 1.685 (-0.3bps), mostly ignoring the small miss in the ADP empl (154k vs 165k exp). Tsys firmer in Asia yet fell after Fed Evans said he was ‘comfortable’ with rate hikes this yr. Tsys also pressured on...
by admin | Oct 4, 2016 | comments
Market Update – Tsys trading slightly weaker, curve flatter, US 10Y 1.62%, narrow overnite range in TY futures. European stocks higher, reserve Bank of Australia kept rates unch, big decline in Aussie bonds pressured tsys, Aussie curve ~6bps steeper. Order book...
by admin | Oct 3, 2016 | comments
Market Update – German government bonds are trading modestly lower in NY open Monday, with the 10-year part of the yield curve underperforming, weighed by better than expected Spain, Italy and UK manufacturing PMI. However, volumes were very light as German...
by admin | Sep 30, 2016 | comments
Market Update – Tsys open higher, US 10Y in risk off session as European stocks down 1.2% for a second day on more Deustche Bank concerns, Nikkei and HS down 1.0%. ING shares down 4.6% on reorg plans, DB off ~7.0%. The demand for US dollars has skyrocketed based...
by admin | Sep 29, 2016 | comments
Market Update – US tsys slightly lower, yields ~1.5bps higher with the curve steeper, muted reaction to Q2 GDP rev/initial claims. Not much follow thru to late aft tsy selloff after OPEC deal to cap production in Nov. Crude basically unch $46.95 Euro bonds in...
