by admin | Feb 28, 2019 | comments
Market Update US tsys higher, yields 1.5-2.0 bps lower, 10Y 2.665% (-1.8bps), US Q4 GDP expected at 2.2% vs 3.4% in Q3, forecasts were adjusted lower after a 1.2% plunge in Dec retail sales, the sharpest one month decline since Sep 2009. A few...
by admin | Feb 27, 2019 | comments
Market Update US tsys trading slightly higher ahead of Fed chair Powell 2nd day of testimony before the US House, 10Y 2.63%, avg volume in TY futures. SPX futures lower, USD index off the lows. Crude 2% higher 56.65 after Saudis said OPEC will stick to...
by admin | Feb 26, 2019 | comments
Market Update US tsys trading higher, 10Y 2.64%(-2bps), after US Dec Housing Starts fell to a two-year low (-11.2% m/m vs -0.1% exp.) and as German bunds reverse earlier declines. Fed Chairman Powell speaks before US Congress at 10:00am. UK Gilts lagging, 10Y...
by admin | Feb 25, 2019 | comments
Market Update US tsys trading lower, yields 2-2.5bps higher, 10Y 2.68% (+2.5bps), roll from March to June responsible for volume in TY futures (590k). S&P futures higher, emini above 2,800 for first time since Dec 3rd. Trump said he would extend the...
by admin | Feb 22, 2019 | comments
Market Update US tsys trading higher, 10Y 2.68% (-1bp), avg volume in TY futures (320k). EGBs outperforming, gilt yields in risk-off mode before ECB Draghi comments this aft and weak German business confidence data. Equity futures higher (S&P +11) on more...
