by admin | Jun 27, 2018 | comments
Market UpdateTsys trading stronger, off London morning highs, tale of two sessions w/much of O/N action occurring in London hours, Tsys steadily extending top of range, futures volume rather heavy at appr 475k in TYU. Light data day,Fed VC Quarles on International...
by admin | Jun 26, 2018 | comments
Market Update US tsys slightly higher on avg volume in TY futures (317k), 10Y 2.875%, off session highs as equity futures erase eralier losses. Data includes Richmond Fed , Case Shiller HP & Consumer Confidence. The US auctions $34bln in 2Y notes at 1:00ET. Focus...
by admin | Jun 22, 2018 | comments
Market Update US tsys weaker, 10Y 2.91 (+1.5bps), light volume in TY futures (240k) risk-on with S&P futures +15, crude higher after OPEC deal to increase supply. EGBs lower after EU Services PMI came in stronger than exp, also strong French & German PMIs. In...
by admin | Jun 21, 2018 | comments
Market Update Tsys rallying sharply on heavy volume (625k TY fut), 10Y 2.91 (-2.7bps), buffeted by news of US tariffs on $50bln in Chinese goods, and the concomitant announcement of Chinese retaliatory measures. Core EGBs also higher, outperforming tsys as Germany’s...
by admin | Jun 21, 2018 | comments
Market Update Tsys higher, yields 0.3-1.5bps lower led by the long end with the 10Y 2.93% , heavy volume in TY futures (465k), off the highs after BOE decision, spike in gilt yields. BOE left rates unchanged at 0.50% in a 6-3 vote as exp, yet decision seen as a...
