by admin | Apr 5, 2018 | comments
Market Update Tsys weaker, off the lows on moderate volume (380k TY futures), 10Y 2.815 (+1.1bps), long end underperforming. Risk on tone follow thru to yest rebound in US equities, S&P futures +11.25, Nasdaq +49. News that the Trump admin is ready to negotiate...
by admin | Apr 4, 2018 | comments
Market Update US tsys/ EGBs trading higher on ‘risk off’ after China announced retaliatory tariffs on $50bln US goods including aircraft & soybeans , US 10Y 2.75%(-3bps), heavy volume in TY futures (550k). The 10Y bund -1bp @ 0.49% low since Jan 9th. S&P...
by admin | Apr 3, 2018 | comments
Market UpdateUS tsys trading lower, US 10Y 2.757 (+2.7bps), reversing most of yest rally which saw the 10Y move below 2.72% as US equities rebound, S&P futures +18, Nasdaq + 60. European equities also reversing losses after reopening from the long weekend, Euro...
by admin | Mar 29, 2018 | comments
Market UpdateUS tsys higher, 10Y 2.765% (-1.5bps), curve flattening to new cycle lows before PCE data, 2s10s below 50bps narrowest since Nov 2007. US equity futures higher, the USD index slightly lower, crude little changed 64.27. Core EGBs showing little direction,...
by admin | Mar 28, 2018 | comments
Market Update US tsys lower after Q4 GDP was revised higher -2.9% vs 2.5%, way off the o/n highs which saw the 10Y dip below 2.75% (low since Feb 6th), now 2.78, tsys rising with gilts & bunds in European trade. S&P futures +7.75, USD index unch, crude...