by admin | Oct 3, 2018 | comments
Market Update US tsys weaker, yields ~2bps higher & curve steeper, 10Y 3.08%, heavy volume in TY futures (460k). Risk on session after relief rally in Italian debt as concessions made on deficit talks with EU (2.0% deficit by 2021). German bunds underperforming...
by admin | Oct 2, 2018 | comments
Market Update US tsys higher, yields 1-2 bps lower across the curve, 10Y 3.058% (-2.6bps), heavy volume in TY futures (480k). Tsys benefitting from Italy related FTQ bid along with bunds/gilts. Italian 2Y yield 12 bps higher on comments from the newly elected govt...
by admin | Oct 1, 2018 | comments
Market Update Tsys lower, off the lows of the session, in reaction to news of trade agreement between the US & Canada , 10Y 3.08% (+2bps), curve steeper. Equity futures surging on the news, S&P +13, Nasdaq +40. Sep ISM Man due at 10:00am, will be closely...
by admin | Sep 28, 2018 | comments
Market Update Tsys rallying, 10Y 3.03% (-2bps) along with core EGBs on ‘risk off’ after Italy set its budget deficit target at 2.4% of GDP vs 2.0% exp. Italian bond yields are 30-40bps higher, 5Y BTP/bund spd 45bps wider @240bps, ~40bps high of the highs reached in...
by admin | Sep 27, 2018 | comments
Market Update US tsys slightly higher, at lows of o/n range after having given up gains from Europe, 10Y 3.05%, off the lows after in line Q2 GDP and stronger August Durable Goods, thou Durable Goods ex transport weaker (0.1% vs 0.4%. Tsys rose with bunds/gilts on...
