13/09/2017

Market Update Tsys unch, 10Y 2.167%, low volume in TY futures o/n (~230k), with core European bonds underperforming slightly on supply, 10Y bund 0.403 (+0.5bps).  Germany sold ~E2.5bln 10Y bunds at 0.39% with a b/c 1.6x vs 1.3x August 23rd. Bund futures lower with a...

12/09/2017

Market Update Tsys lower, lower end of overnight range , US 10Y 2.143 (+1bps), equities firmer (S&P futs + 4), gold weaker, crude unch (48.10), while the USD is higher for a second day. Tsys were  pressured in European trading, as Dutch 10Y auction weighed as did...

11/09/2017

Market Update  Tsys lower, prices gapping lower overnite on ‘risk-on’ after Hurricane Irma weakened and N. Korea did not fire a missile on Saturday as expected, the US 10Y 5bps higher @2.10% with the tsy curve ~1bp steeper.  Global equities higher, Euro stoxx +1.0%,...

08/09/2017

Market Update Tsys trading mildly higher, 10Y 2.035% after falling below 2.02% in Asia on safe haven bid as Hurricane Irma approaches Florida, heavy volume in TY futures (515k). EGBs lower, sovereign spreads wider following comments from ECB member Likanen on...

07/09/2017

Market Update Tsys higher, yields 2-3 bps lower with the 10Y 2.08%, prices rising with German bunds after ECB decision to leave rates unchanged as expected.  According to Bloomberg survey, many analysts had expected a change in forward guidance which was not the case,...

06/09/2017

Market Update US tsys trading slightly lower, 10Y 2.073% (+1.5bps), after the 10Y hit a nine-month low 2.05% in yesterday’s risk-off rally on Trump’s military equipment comments as well as dovish remarks from Fed speakers Brainard & Kashkari.  European stocks...