by admin | Dec 20, 2017 | comments
Market Update Tsys selloff continues on heavy volume, 10Y approaching 2.50% , eclipsing the intra day high from October 27th on US tax cut overhaul, with the Senate slated to vote on the bill later this morning. Core European bonds in catchup mode, 10Y bund 0.403%...
by admin | Dec 19, 2017 | comments
Market Update Tsys weakening in NA trade, 10Y 2.41%, risk on as passage of US tax bill set for a vote in the House at 1:30pm. US Housing starts rose to the highest in a decade in Nov, +3.3% m/m vs -3.1% exp. German bunds, gilts weaker , yields 2-3bps higher,...
by admin | Dec 18, 2017 | comments
Market Update Tsys weaker, yields 1.2-2bps higher with the 10Y 2.373% (+2bps), avg volume in TY futures (205k). Equities stronger with S&P futures +10, crude higher for third day , +0.46% 57.55. Optimism on passage of US tax cut with Senate to vote as early as...
by admin | Dec 15, 2017 | comments
Market Update Tsys slightly lower on very light flows o/n (211k TY), 10Y 2.355%. Tsys lagging the rally in EGBs, led again by UK gilts with the gilt curve another 2bps flatter, UK 5/30 near the lows since Aug 2016, 10Y @ 1.15 the lowest since Sep 13th. Progress on...
by admin | Dec 14, 2017 | comments
Market Update Tsys weaker, yields 2-3bps higher, 10Y 2.37% (+2.8bps) – , yield curve slightly flatter, little reaction to stronger Nov retail sales (0.8% vs 0.3%). In Europe UK gilts outperforming, gilt/bund spread at a three-month low 87 bps – the March gilt...
