by admin | Jun 12, 2019 | comments
Market Update Tsys trading higher, led by the short end with the curve 2bps steeper, 10Y 2.12% (-2.5bps) before May CPI (0.1%, 1.9% exp). US equity futures lower (S&P -8.5), crude falling to weekly low, -2.7% 51.84. API reported crude inventories rose for a...
by admin | Jun 11, 2019 | comments
Market Update US tsys trading lower, yields 2-2.5bps higher for a second day, stocks higher in Europe led by car makers, Shanghai Comp +2.5%. Core Euro bonds mixed, UK gilts weaker from the start -UK employment rose 3.8% in April the largest one month rise since May...
by admin | Jun 10, 2019 | comments
Market Update US tsys trading lower, US equity futures higher on the back of Trump postponing plans to impose tariffs on Mexico, tsy yields 4-6bps higher with the 10Y 2.14% (+6bps), above avg volume in TY futures (~400k). European govt bonds lower, German bund 2s30s...
by admin | Jun 9, 2019 | comments, Uncategorized
Market Update Tsy & GOC yields 2-4bps higher before US & Cdn employment data, US 1.595% (+3.5bps), S&P futures +13, crude 55.45 (-1.5%). China injected $126bln into the economy by lowering the amount of reserves banks are required to hold, hoping...
by admin | Jun 7, 2019 | comments
Market Update US tsys slightly higher before May Payrolls (175k exp, 3.6% unemp rate), 10Y 2.11%, low volume in Ty futures overnite (257k). Core Euro bond mixed, gilts lower while bunds slightly higher in the long end – ECB rate guidance to leave...
