by admin | Dec 20, 2019 | comments
Market Update Tsys lower on low volume before Q3 GDP/PCE data, 10Y 1.93% (+1bp), US equity futures slightly positive , S&P +1.75, USD index at weekly high. The US 2s10s steepened yesterday to the widest since Nov 18 while 10Y breakevens are at the highest since...
by admin | Dec 19, 2019 | comments
Market Update Tsys trading weaker across the curve on above avg volume (420k), 10Y 1.935% (+2bps), highest since August 1st. Prices off the lows after a weak Dec Phili Fed (0.3 vs 8.0). Core Euro bonds also lower, 10Y gilt 4bps higher -BOE left rates, QE unchanged in...
by admin | Dec 18, 2019 | comments
Market Update US tsys lower trading lower, 10Y 1.89% (+1bp), muted volume in TY futures (285k), US equity futures now higher (S&P +2.25). Bunds lower on stronger IFO, 10Y edging closer to high yield set in Nov (-0.25%). GOCs lower, wider vs tsys before...
by admin | Dec 17, 2019 | comments
Market Update US tsys trading slightly higher on low volume in TY futures (225k), 10Y 1.86% (-1bp). UK gilts leading EGBs higher, yields 2-5bps lower and the GBP -1.0% as Boris Johnson looks to amend the Brexit bill to rule out any extension of the post-Brexit...
by admin | Dec 16, 2019 | comments
Market Update US tsys trading weaker, yields 1.5-2.5bps higher with the 10Y 1.845% (+2.3bps), avg volume in TY futures (350k). Equity futures higher, S&P +14 – relief with phase one trade deal confirmed Friday and UK election decided. Core EGBs outperforming after...
