by admin | Aug 13, 2019 | comments
Market Update US tsys slightly lower before July CPI, US 10Y 1.65%, having erased earlier gains, strong volume in TY futures (~600k). Long term tsys continuing to outperform, after well-received UK 30Y auction, 30Y tsy yield fell to 2.095% within 1bp of 2016 record...
by admin | Aug 12, 2019 | comments
Market Update US tsys stronger, yields 5-6bps lower with the 10Y 1.69% (-5.5bps). European equities erased earlier gains, US equity futures -0.5% on avg volume in TY futures (350k). Escalating tensions and an upset defeat for President Macri in Argentina’s...
by admin | Aug 8, 2019 | comments
Market Update US tsys higher, yields 1-2bps lower, 10Y 1.72%, heavy volume in TY futures (570k). US equity futures higher, S&P sideways since early Asia trading (+8.5), crude extending yesterday’s recovery after Saudis announced plans to support prices....
by admin | Aug 7, 2019 | comments
Market Update US treasuries racing to new highs, yields another 3.5- 7.5bps lower with the 10Y 1.625% (-7.5bps), new three year low, on strong volume in TY futures (650k), strong buying in TYU in last hr. Chinese yuan weakening again above 7.0 after the PBOC raised...
by admin | Aug 6, 2019 | comments
Market Update US tsys lower, 10Y yields retracing ~4bps of yesterday’s massive 13bp rally on China trade friction (China declared a currency manipulator for the first time since 1994), 10Y 1.75% from low 1.67% overnite, focus on US/China with PBOC saying the...