by admin | Jan 24, 2019 | comments
Market Update Rates trade firmer, at/near top end of range on moderate volume, curves mildly flatter at moment; equities bumping around recent highs. Treasuries following EGBs lead after weaker European PMIs. Otherwise, generally quiet as mkts await ECB rate annc...
by admin | Jan 23, 2019 | comments
Market Update US tsys trading lower, yields 1.5-3bps higher, 10Y 2.77%, equities higher (S&P fut +13, Euro Stocks +0.50%), USD index near lows (DXY -0.09). Quiet day data wise in the US with Redbook retail sales, FHFA home prices and Richmond Fed. Risk on...
by admin | Jan 22, 2019 | comments
Market Update US tsys trading higher, on heavy volume in TY futures (600k), 10Y 2.755(-3bps). Risk off tone (S&P futures -17, crude 52.94 -1.6%) driven by ongoing trade concerns, as the US is intensifying efforts to have a Huawei executive extradited to the US,...
by admin | Jan 21, 2019 | comments
Market Update T-Notes initially drew support from the latest BBG story re: U.S.-China trade talk impasse, with risk-off flows apparent in the wake of the story hitting, although the contract stuck to a narrow range, with U.S. cash markets closed for Martin Luther King...
by admin | Jan 18, 2019 | comments
Market Update Tsys slightly lower, 10Y 2.76% (+1bp), above avg volume in TY futures (420k), core EGBs also lower on ‘risk on’ flows while EU peripheral spreads are tighter. Stocks trading well on optimistic outlook for US-China trade after WSJ mentioned US officials...
