by admin | Jun 20, 2017 | comments
Market Update US tsys trading higher, yields 0.5bps – 2bps lower led by the long end in a bull flattening move with the 10Y 2.177 (-1.1bps), US 10/30 curve new lows 59bps, 6bps since last week’s FOMC. S&P futures -2.75, crude off 2.6% below $44 before DOE...
by admin | Jun 19, 2017 | comments
Market Update Tsys moving lower in NY trade after Fed Dudley comments on wages and inflation, US 10Y 2.167%. Dudley noted inflation is lower than the Fed would like while wage growth should pick up. Overnite was mostly range bound, quiet action, European equities are...
by admin | Jun 16, 2017 | comments
Market Update Tsys slightly weaker off the lows after May housing starts fell 5.5% vs 4.1% increase exp to the lowest pace since Sep 2016, US 10Y 2.165%. Euro equities higher, S&P futures +1.25, crude bouncing off the lows 44.85. Core Euro bonds lower led by...
by admin | Jun 15, 2017 | comments
Market Update Tsy yields 1.5-2.5 bps higher on higher than avg volume in TY futs (440k), long end steeper reversing some of yesterday’s post FOMC bull flattening which had seen longer tsy yields at YTD lows, US 10Y now 2.148 (+2.5bps). Core EGBs lower, underperforming...
by admin | Jun 14, 2017 | comments
Market Update Tsys screaming higher, yields 5-7.5bps lower with longs outperforming after big misses on both May CPI & Retail Sales, 10Y 2.14%, after narrow overnite range on low volume before FOMC this aft. European equities extending yesterday’s rally, Stoxx up...
by admin | Jun 13, 2017 | comments
Market Update Tsys opening slightly lower after core PPI 0.3% vs 0.1% exp for May, after a low volume overnite session, US 10Y 2.22%, tsy curve 0.5bps steeper as longs lag in front of today’s 30Y auction and tomorrow’s FOMC. Equity futures +3.75, crude lower after...
