by admin | Nov 28, 2018 | comments
Market Update Tsys mildly lower, curve flatter, heavy volume in TY futures due to roll but off Tuesday’s pace (625k), 10Y 3.063%. Equity futures are higher – S&P +11.5, crude slightly lower 51.53. Key events today – US Q3 GDP at 8:30(0.4% exp & core PCE...
by admin | Nov 27, 2018 | comments
Market Update Tsys trading slightly lower, near top of overnite range on heavy volume in TY futures (900k) due to ongoing Dec/Mar rolling. Consumer confidence for Nov at 10:00, while the US auctions $40bln 5Y notes at 1:00PM. Core EGBs higher led by 10Y gilts...
by admin | Nov 26, 2018 | comments
Market Update US tsy yields ~1-2.5 bps higher, equity futures higher (S&P fut +30), crude +1.8% 51.33. Risk on sentiment buoyed by narrowing in Italy/German bond spd, 10Y BTP -13bps @3.26%, FTSE MIB +2.5% on reports govt is studying lower deficit target after...
by admin | Nov 23, 2018 | comments
Market Update Tsys trading higher, top of o/n range on above avg volume , 10Y 3.05% (-1.5bps). US stock futures are lower, Euro stocks mixed, while brent crude fell to the lowest level since 2017. GOCs outperforming tsys by 0.5-1bp despite Oct CPI rising to 2.4% y/y...
by admin | Nov 22, 2018 | comments
Market Update Quiet day with the US closed for thanksgiving. In EGBs, UK gilts are trading lower following EU-UK draft agreement on Brexit, with the GBPEUR cross higher, 10Y gilt + 2bps @ 1.41%. German bunds outperforming along with peripherals, German 10Y 2bps lower,...
