by admin | Jul 24, 2018 | comments
Market Update Tsys trading slightly weaker, 10Y 2.96% , prices near bottom of o/n 4 tick range in TY futures on better than avg volume (~382k). Equities firmer, (S&P +5, Nasdaq +21), core EGB yields higher as well on stronger PMIs (German 57.3 vs 55.5), while...
by admin | Jul 23, 2018 | comments
Market Update Tsys slightly higher, narrow overnite range on avg volume in TY futures, US 10Y 2.89%, equity futures paring losses (S&P +1, Nasdaq -13). Risk off tone after Trump tweet on Iran, Tsy curve little changed after Trump’s comments on the Fed &...
by admin | Jul 20, 2018 | comments
Market UpdateTsy yields 0.5-1.5bps higher, decent volume in TY futures (350k), US 10Y 2.853%. Equities lower as Trump “ready to go” with tariffs on $500bln in Chinese goods. UK gilts also lower after higher than exp public sector borrowing for June as well as hawkish...
by admin | Jul 19, 2018 | comments
Market Update Tsys lower, 10Y 2.88% (+1bp), above avg volume in TY futures (378k), yields creeping higher with the USD since the start of Powell’s testimony, with a new high for the DXY index (95.55 +0.47). Prices weakening further after drop in weekly claims (lowest...
by admin | Jul 18, 2018 | comments
Market Update Tsys trading slightly higher on very light volume ( 216k TY fut), 10Y 2.85% (-1bp), rallying in Europe with gilts after UK June inflation came in below exp (2.4% vs 2.6%). Fed Powell delivers second part of Mon policy testimony before the US House this...
