by admin | Oct 15, 2015 | comments
Market update US tsys opening lower for the first time in four days after stronger Sep core CPI/ lower claims, US 10Y 2.025 (+5bps) curve with 2s & longs out performing. CPI came in as exp falling 0.2% overall yet the core rose 0.2% /1.9% y/y vs 0.1%/1.8% exp...
by admin | Oct 14, 2015 | comments
Market update US tsys jumping after soft core retail sales & PPI , buy stops being triggered in Dec 10Y futs as well as German bunds on the weaker data. Tsys were already higher overnite on bull flattening rally in core European bonds led by gilts on weak...
by admin | Oct 9, 2015 | comments
Market update US tsys opening lower, US 10Y 2.13 (+2.5bps) on higher stocks, commodities. Tsys mostly sideways in o/n session, declining in early NY trading with German 10Y bunds. ECB Draghi comments that Euro area howing ‘signs of resilience’ and that inflation set...
by admin | Oct 8, 2015 | comments
Market update US tsys trading higher , US 10Y 2.06 (-1bp), giving up slight o/n gains after initial claims fell to lowest level since July . Tsy curve ~2bps flatter before $13bln 30Y auction this aft & FOMC minutes. Big news o/n was BOE decision – short end...
by admin | Oct 7, 2015 | comments
Market update US tsys opening lower. US 10Y 2.07 (+3.7bps), back to pre-payroll lvls as risk sentiment continues to climb, European equities ~0.80% higher, crude closing in on $50 (+1.7%). Core EU bonds lower for a 3rd day led by 10Y gilts,weighed by BOJ decision to...
