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...
by admin | Sep 28, 2016 | comments
Market Update – US tsys trading lower, just off the lows of the session, US 10Y 1.575 (+1.5bps),little reaction to better than exp August Durable goods taking their cue from selloff in core European bonds, with gilts and bunds both lower & steeper. Gains in...
by admin | Sep 27, 2016 | comments
Market Update – US tsys opening higher, the 10Y yield lower for a sixth day 1.56% (-2.3bps) as early risk on tone in Asia quickly evaporated as European trading got underway. European stocks lower led by financials & energy – Deutsche Bank down another 2.9%...
by admin | Sep 26, 2016 | comments
Market Update – Tsys opening higher,10Y yields lower for a fifth straight day, on ‘risk off’ session as Euro stocks are off 1.6%, Nikkei fell 1.25% & US stock futures moving lower as well. Deutsche Bank fell ~7% to a record low on news the German govt has...
by admin | Sep 23, 2016 | comments
Market Update Tsys opening slightly higher, flatter, US 10Y 1.616%, on muted volume in TY futures. European bonds lower led by the 10Y, profit taking after yest rally brought the 10Y bund/tsy spd to 3 month wides. Reuters story that Saudia Arabia would cut production...