by admin | Sep 13, 2019 | comments
Market Update US tsy yields 2-4bps higher, 10Y 1.83 (+5bps) after strong Aug Retail Sales (0.4% vs 0.2%), TY futures at new lows for the month, prices having almost completely retraced the Aug-Sep rally. Tsy yield curve continuing steeper with 3M10Y +3bps at 15bp...
by admin | Sep 12, 2019 | comments
Market Update ECB – cuts deposit rate 10bps, strengthens forward guidance and link it to inflation, QE 20B/month, starting in Nov – open-ended and linked to the date of liftoff, which is tied to inflation. First take is more hawkish on the rate cut but...
by admin | Sep 11, 2019 | comments
Market Update Tsy futures trading modestly weaker, off lows to top end overnight range last few minutes, decent volume (TYZ>395k). Yld curves unwind portion of wk’s bear steepening (3M10Y +35bp from last weeks lows).Treasuries have only seen small moves ahead...
by admin | Sep 10, 2019 | comments
Market Update Treasuries have underperformed both Bunds and gilts so far this morning. There is very little in the way of key US data this afternoon with JOLTS the only highlight on a sparse calendar. Mildly weaker across the board, off early overnight lows/near top...
by admin | Sep 9, 2019 | comments
News headlines U.S. Stock Futures Advance Amid Bets on Easing: Markets Wrap (Bloomberg) U.S. stock-index futures climbed with equities in Asia as traders weighed a series of fresh stimulus moves expected from the world’s central banks. Shares fluctuated in Europe,...
