10/01/2018

Market Update US tsys continuing to selloff this morning, US 10Y 2.582% (+2.9bps), tsy curve another 4bps steeper led by the long end, heavy volume in TY futures (>900k). Tsys dropped sharply in Asia after Bloomberg headline out of China that officials there are...

09/01/2018

Market Update Tsys trading mixed on decent volume w/Japan back from extended weekend (TYH>340k), long end underperforming/curves steepening. Equities inch higher (emini +2.0, 2748.5), gold weaker (XAU -6.28, 1514.19), West Texas crude firmer (WTI +.37, 62.10). The...

08/01/2018

Market Update Tsy futures trading firmer, top end of narrow range on light volume (TYH<180k); yld curves unwinding portion of Friday’s steepening w/2s10s -0.284 at 50.952, 2s30s -.450 at 84.207, 5s30s -.217 at 51.809. Equities little weaker after making new...

22/12/2017

We will be back on Monday January 8th.  News headlines  Congress Averts a Shutdown But Now Faces a Messy Start to 2018 (Bloomberg) The Republican-controlled Congress on Thursday night managed the bare minimum task of keeping the government open, yet made little...

21/12/2017

Market Update Tsys trading higher before 8:30 data (Phil Fed, GDP), 10Y 2.48% (-1.6bps) after three day selloff. Current levels on TY near highs of overnite range on moderate volume (288k). Equities firmer (S&P fut +5.25), crude slightly weaker. Core EGBs lower, ...