by admin | Feb 2, 2018 | comments
Market Update Tsys slightly higher before payrolls, 10Y 2.78% (-1.2bps), futures near highs on heavy volume. European equities down 1.0%, S&P futures -16, gold weaker, crude unch. Deutsche Bank -5.0% on Q4 earnings & revenues miss. Core EGBs lower despite...
by admin | Feb 1, 2018 | comments
Market Update Tsys weaker across the curve, 5Y above 2.55, 10Y 2.75%, futures near o/n lows on heavy volume (600k TY). Tsys lower with EGBs as Spanish & French supply weighed, 10Y bund above 0.73% . Stocks in Europe reversing gains unable to recover after a three...
by admin | Jan 31, 2018 | comments
Market Update US tsys higher, US 10Y 2.705 (-1.5) despite stronger Jan ADP (234k vs 185k) and the US Treasury raising auction sizes for 3, 10 & 30 yr qrtly refunding. Tsy curve pairing back yesterday’s steepening as well, 2bps flatter led by the long end. Busy...
by admin | Jan 30, 2018 | comments
Market Update US tsys slightly lower, US 10Y 2.707% (+1.3bps), after moving above 2.73% overnite, prices seeing some support as equities weaken for a second day with S&P futures -12.5. Bund curve steeper, 10Y unch after weaker than exp German Jan CPI (1.6% vs...
by admin | Jan 29, 2018 | comments
Market Update Global govt bonds selling off this morning, US tsy& bund yields 3-6bps higher, muted rise in gilt yields 0.5-2bps. Tsy yields easily breaching resist, 10s above 2.70% for the first time since April 2014 on heavy volume in TY futures (>860k),...
