par admin | Août 20, 2015 | commentaires
Market update US tsys opening higher & flatter, US 10Y below 2.10% (2.093 -3.4bps). ‘Risk off’ session o/n with equities lower, volume in tsy futures higher than avg (TY1 <cmdty> VAT). 5Y TIPS auction this aft with 5Y breakevens ~60bps (USGGBE05...
par admin | Août 19, 2015 | commentaires
Market update US tsys moving lower after initial spike on tame CPI (but shelter rose 0.4% – largest since 2007),US10Y 2.20% (+1bp) curve 1bp flatter. Equities lower in Europe, Asia higher, gold higher, crude slightly lower (42.50). China stocks – another...
par admin | Août 17, 2015 | commentaires
Market update US tsys marching higher on weaker NY Empire survey, curve flatter US 10Y 2.165 (-4bps), with focus on commodities as crude trades at new low below 42. Core EU bonds higher led by 10Y gilts (-4bps). Comments on Greek bail-in debt also supporting tsys,...
par admin | Août 13, 2015 | commentaires
Market update US tsys opening lower after in line Retail Sales & overnite ‘risk on’ session, US 10Y 2.18 (+3.0bps). PBOC tried to calm nerves over Yuan devaluation, saying China has ample reserves, strong economy . US auctions $16bln in 30Y bonds at 1:00EST after...
par admin | Août 12, 2015 | commentaires
Market update US tsys opening higher, US 10Y 1.84 (-5.3bps) after second Yuan devaluation in as many days. Volume in tsy futures o/n said to be very high according to MNI. Tsys off the o/n highs on reports China bought its currency in an effort to stem the decline....
par admin | Août 5, 2015 | commentaires
Market update US Tsy lower/ curve steeper after brief jump on weaker ADP (185 vs 215) as stock futures rise on no go Fed. Fed Powell had said there was no decision on Sep rate hike and that this Friday’s jobs report is key. Fed fund futures pricing in ~50% odds of...
