by admin | May 5, 2016 | comments
Market update US tsys lower, US 10Y 1.796 (2bps), off the lows after Initial Claims rose to a five week high, avg volume in TY futures (275K) overnite. Commodities higher, crude up 3.0% at 45.15 as Alberta wildfire said to lower production by 1MM bbl/day. European...
by admin | May 4, 2016 | comments
Market update US tsys slightly higher after ADP came in at 156k vs 195k exp vs, US 10Y 1.80%, curve slightly flatter, on avg volume in TY futures (276K). Crude below $44, European equities lower for a fourth day, USD higher for a second day after a couple of Fed...
by admin | May 3, 2016 | comments
Market update US tsys sharply higher led by the 5 & 7Y, with the US 10Y 1.816 (-5.7bps) on strong volume with 380K. Tsys bid thru the o/n session on lower equities &oil as well as a surprise rate cut from the RBA. China April Manuf PMI fell to 49.4, the 14th...
by admin | May 2, 2016 | comments
Market update US tsys opening higher, curve flatter on very low volume, US 10Y 1/815 (-1.3bps). Nikkei down another 3.1%, JGB yields fell 4bps to-0.13%, while the Yen rose to the highest since Oct 14. Japan mfg PMI came in at 48.2 in April, new orders lower for the...
by admin | Apr 29, 2016 | comments
Market update US tsys opening weaker, curve 2bps steeper, US 10Y 1.864 (+4bps) after core PCE came in as exp for March, EI @ 0.6% also as exp. Tsys lower overnite despite weaker stocks as commodities rose – gold up for a fifth day on huge stop loss buying fueled in...