par admin | Jan 8, 2016 | commentaires
Market update US tsys lower curve steeper led by 5s (+3.5bps) after much stronger than expected non-farm payrolls (275k vs 201k exp), US 10Y 2.185 (+4bps). European stocks mixed, but CSI Comp +2.0% on state buying according to story in FT (see below)& PBOC...
par admin | Jan 7, 2016 | commentaires
Market update US tsys opening higher again this morning on China turmoil (China comp -7.0%, decline in China currency) but have since given up most of the o/n gains, with the US 10Y @2.17% after falling to as low as 2.12 o/n. Tsys pressured in early NY trading on...
par admin | Jan 6, 2016 | commentaires
Market update US tsys opening sharply higher thou off the highs after a much stronger than exp ADP (257k vs 195k), curve ~3bps flatter & US 10Y below 2.2% (2.193 -4.5 bps). Risk off tone o/n amid North Korea test, weak China PMI (50.2 vs 51.2). China equities...
par admin | Déc 18, 2015 | commentaires
Market update US tsys opening higher, US 10Y 2.20 (-2.3bps) as Euro stocks down 1.4%, Nikkei off 2.0% after disappointment with latest BOJ easing (see above). Core Euro bonds higher, 10Y bund/tsy spd 3bps wider. GOCs higher, outperforming tsys by 2bps on much weaker...
par admin | Déc 17, 2015 | commentaires
Market update US tsys opening higher, US 10Y 2.245 (-5.0bps) after mixed 8:30 US eco data, rallying overnite with equities as Fed rate hike seen removing uncertainty which had been looming over mkts. Core Euro bonds higher, outperforming tsys in big flattening move as...
par admin | Déc 16, 2015 | commentaires
Market update US tsys opening lower, US 10Y 2.29 (+2bps), stocks higher, core Euro bonds lower as well pre FOMC. Relative calm in mkts as consensus if for first Fed rate hike since 2006. Measures of stock & tsy mkt volatility, while off the lows, are still far...
