by admin | May 19, 2016 | comments
Market update US tsys lower, yields ~1bp higher, curve slightly steeper, little reaction to marginally lower Phili Fed, slight increase in claims. Tsy 5Y underperforming for a 2nd day in follow thru to yesterday’s post hawkish FOMC minutes reaction which saw the 5s...
by admin | May 18, 2016 | comments
Market update Tsys lower, yields 1bp higher across the cure, US 10Y 1.784%. Core European bonds underperforming led by UK gilts, with 10Y gilt ~3bps on better than expected employment growth, tsys pressured by weaker bunds, gilts in Europe. The tsy cpn curve narrowed...
by admin | May 17, 2016 | comments
Market update US tsys moving higher despite better than exp CPI (0.4% vs 0.3% largest monthly advance since 2013) & housing starts, US 10Y 1.75%. Core Euro bonds lower on higher stocks and crude – the latter traded near seven month highs on Nigeria/Cdn supply...
by admin | May 16, 2016 | comments
Market update US tsys lower, 10Y 1.722 (+2.3bps) on below avg volume, no reaction to weaker than exp May Empire Man. Crude at six month high above 47.00 (+3.8%) on supply fears and Goldman forecast. Fed Lacker said there is a good case for raising rates in June in an...
by admin | May 13, 2016 | comments
Market update US tsys higher, yields ~2bps lower, 10Y 1.727 (-2.3bps) on good volume in TY1 futures as European stocks decline, gold higher, USD index new highs, crude 1.1% lower @ 46.20. Tsys rose thru overnite session supported by weak stocks & crude. Asian...
