by admin | Jan 17, 2020 | comments
Market Update US tsys trading mixed, short end higher while the long end steepened around the 10Y (1.825% + 1.5bps), late yesterday the US treasury announced it will issue a new 20Y bond in the first half of the year. Prices of the best levels after Dec Housing...
by admin | Jan 16, 2020 | comments
Market Update US tsys trading slightly higher on below avg volume (300k TY futures), 10Y 1.77%. Phili Fed Survey and Dec Retail Sales coming up, along with NAHB survey and Long-term TICS flows this aft. Core EGBs higher, 10Y gilts/bunds 2bps lower while 2Y...
by admin | Jan 15, 2020 | comments
Market Update US tsys trading higher on decent volume (400k TY fut), long end outperforming, 10Y 1.795(-1.5bps). US futures close to unch, paring earlier losses: Target -7.0% pre-mkt after holiday sales rose 1.4% vs 5.7% last year, comparable sales now expected...
by admin | Jan 14, 2020 | comments
Market Update US tsys trading slightly higher on avg volume (330k TY futures), 10Y 1.84%, US equity futures paring earlier losses (S&P -3.75). JPM up ~2.0% pre-mkt on stronger Q4 fixed income & trading revenues, eps $2.57 vs $2.36 est. US Dec CPI on tap – 0.3%...
by admin | Jan 13, 2020 | comments
Market Update US tsys trading lower, yields 2- 2.5bps higher led by the long end with the 10Y 1.84%, curve 2bps steeper. US equity futures higher, S&P +12, Nasdaq +44, crude unch. Risk-on tone with US-Iran conflict fading and Wednesday’s signing of the US-China...