par admin | Sep 17, 2019 | commentaires, Uncategorized
Market Update US tsys higher, yields 2-4bps lower, bull flattener led by the 10Y 1.81% (-4bps), above avg volume in TY futures (435k). S&P futures slightly lower (-3.5), crude -1.5%. Aug IP/Cap Utilization, FOMC decision tomorrow. The latest...
par admin | Sep 16, 2019 | commentaires, Uncategorized
Market Update US tsys higher on FTQ after this weekend’s developments in the middle east, 10Y 1.835% (-6bps), heavy volume in TY futures (565k). Brent crude +11% , 66.70 after surging to $72 in reaction to strike on Saudi refining facility responsible for 5% of global...
par admin | Sep 13, 2019 | commentaires, Uncategorized
Market Update US tsy yields 2-4bps higher, 10Y 1.83 (+5bps) after strong Aug Retail Sales (0.4% vs 0.2%), TY futures at new lows for the month, prices having almost completely retraced the Aug-Sep rally. Tsy yield curve continuing steeper with 3M10Y +3bps at 15bp...
par admin | Sep 12, 2019 | commentaires, Uncategorized
Market Update ECB – cuts deposit rate 10bps, strengthens forward guidance and link it to inflation, QE 20B/month, starting in Nov – open-ended and linked to the date of liftoff, which is tied to inflation. First take is more hawkish on the rate cut but...
par admin | Sep 11, 2019 | commentaires, Uncategorized
Market Update Tsy futures trading modestly weaker, off lows to top end overnight range last few minutes, decent volume (TYZ>395k). Yld curves unwind portion of wk’s bear steepening (3M10Y +35bp from last weeks lows).Treasuries have only seen small moves ahead...
par admin | Sep 10, 2019 | commentaires, Uncategorized
Market Update Treasuries have underperformed both Bunds and gilts so far this morning. There is very little in the way of key US data this afternoon with JOLTS the only highlight on a sparse calendar. Mildly weaker across the board, off early overnight lows/near top...
