09/03/2016

Market update Tsys lower, curve 2bps steeper, US 10Y 1.875 (+4.6bps) prices almost completely reversing yesterday’s gains. German govt bonds lower led by 10Y with profit taking ahead of ECB meeting according to MNI, spike higher in Euro/Swiss pointed to as evidence as...

08/03/2016

Market update Tsys sharply higher, curve ~3bps flatter with longs leading (2.643 -6.4bps) and the US 10Y 1.85 (-6bps).  European equities unch after being down 1.6% as euro bank stocks surged in just a few minutes ~7:00am. Gold & crude higher. Tsys bid right out...

07/03/2016

Market update Treasuries open NY weaker, 10-year note 1.907%, 2-year 0.894%. In Asian session, China foreign exchange reserves declined but at smaller pace than previous months; China Communist Party sets goal of 6.5 to 7 percent yearly growth. Asian commercial banks...

04/03/2016

Market update Tsys lower after Feb payrolls came in better than exp despite lower wage growth, US 10Y 1.86 (+2bps). Risk on session o/n with European equities higher, USD lower, crude unch.  Core European bonds lower, German 10Y bund 3bps higher @0.20% –...

03/03/2016

Market update US tsys trading lower after fairly subdues session with little reaction to the 6k jump in initial claims & better than exp Q4 productivity (-2.2 vs -2.9). Euro stocks lower, Asian stocks higher for a second day, crude lower @ $34.40.   Aussie govt...