by admin | May 3, 2018 | comments
Market Update Tsys trading higher, yields 2-3bps lower on moderate volume in TY futures, the 10Y 2.93% (-3bps), USD index slightly higher, crude unch @ 67.90. Data in the US includes ISM Non-Man & Factory Orders, yet mkt focus on April payrolls (185k est)...
by admin | May 2, 2018 | comments
Market Update US tsys lower on above avg volume (335k TY), 10Y close to 3.0% (2.99% +2bps),little reaction to April ADP (204k vs 198k) – focus on FOMC meeting with the Fed widely expected to leave rates unch. US quarterly refunding announcement this morning...
by admin | May 1, 2018 | comments
Market Update Tsys starting mostly unch on very light volume in TY futures (140k), 10Y 2.953%, much of Europe closed for May holiday, as well as Asia. Focus on ISM Manufacturing & FOMC decision tomorrow aft. Equities slightly lower (S&P fut -3.5), crude...
by admin | Apr 30, 2018 | comments
Market Update Quiet start to what promises to be a busy week data wise in the US, with tsys slightly weaker, 10Y 2.96% (+0.5bps) on low volume in TY futures (~210k), equity futures higher, reflecting a string of better than expected earnings as well as the...
by admin | Apr 27, 2018 | comments
Market Update Tsys continuing higher , US 10Y 2.965 (-1.5.bps) , on above avg volume in TY futures, ahead of Q1 GDP (2.0% vs 2.9% Q4) and ECI. USD index higher for a third day, the euro declining to the lowest since Jan 12th. Core EGBs higher led by sharp rally in...
