by admin | Jun 18, 2018 | comments
Market Update Tsys higher on avg volume (257k), US10Y 2.905% (-1.5bps), escalation in US/China trade , USD index slightly lower, equities weaker (S&P fut -18). German bunds bid on back of Merkel immigration crisis, while trade war also supporting EGBs, 10Y bund...
by admin | Jun 14, 2018 | comments
Market Update Tsys trading higher, rising after ECB decision to end QE in Dec yet leave rates unch until summer 2019, US 10Y 2.937% (-3.1bps). Bunds reversed earlier losses, the Sep bund spiking to intra-day high 160.32, thou the contract has since backed off. EUR/USD...
by admin | Jun 13, 2018 | comments
Market Update Tsys are trading slightly higher out the curve unch in the short end, 10Y 2.96%, ,little reaction to stronger May PPI (0.5% vs 0.3%, ex food & energy 2.4% vs 2.3%). Equity mkts higher, S&P futures +3, crude under slight pressure, below $66 after...
by admin | Jun 12, 2018 | comments
Market Update Tsys trading lower, near bottom of overnight range on above avg volume (370k TY), 10Y 2.97% (+1.3bps) before May CPI (0.2%/2.8% exp). Equities unch, euro equities mixed, crude slightly lower, USD index unch. News flow dominated by Trump/Kim meeting,...
by admin | Jun 11, 2018 | comments
Market Update Tsys trading lower on avg volume (~290k TY1), 10Y 2.96% (+1.3bps), curve unch. Slight risk off with S&P futures -2.75, USD index higher. No data today but busy week ahead in terms of event risk including CPI, FOMC/ECB and $68bln in 3,10 & 30Y...