by admin | Jan 19, 2018 | comments
Market Update Tsys slightly weaker led by the 10Y rising above 2.63% for the first time since March 14th, curve steeper for a second day after 5bps selloff in longs yesterday. Fear of a govt shutdown weighing on stocks, giving a boost to tsys which are off the o/n...
by admin | Jan 18, 2018 | comments
Market Update Tsys trading weaker, close to overnight lows, with the 10Y above 2.60% since March, now 2.61 (+2bps), heavy volume in TY futures (580k), stops triggered in futures, convexity holding on break above 2.60% (MNI). Core Euro bonds also lower, thou 10Y bund...
by admin | Jan 17, 2018 | comments
Market Update Tsys weaker, yields up 1-2 bps with the long end outperforming, 10Y 2.557% (+2bps), equities slightly lower in Europe while S&P futures are +9.75 while the USD index is higher after falling to a three year low yesterday – dovish comments from...
by admin | Jan 16, 2018 | comments
Market Update Tsys trading firmer, near top of o/n range on heavy volume (>500k), 10Y 2.533% (-1.3bps), curve 1.5bps flatter. Tsys lagging the rally in bunds – ECB not planning changes to bond purchase plan until March according to Reuters. Gilts higher, steeper...
by admin | Jan 15, 2018 | comments
Market Update US cash markets closed for MLK holiday, with very low volume in TY futures (~95k). The USD index under pressure, close to a three-year low. Core Euro bonds mixed, UK gilts higher, flatter on rise in political risk as UK construction firm Carillion filed...
