by admin | Jun 7, 2017 | comments
Market Update Tsys lower, yields ~1bp higher , 10Y 2.154%, on avg. volume in TY futures (240k). European stocks are higher, S&P futures up 1.25, crude off 0.64% after API data showed a rise in gas supplies and after yesterday’s sharp rally. DOE crude inventories...
by admin | Jun 6, 2017 | comments
Market Update Tsys opening higher& flatter, yields 1.5 – 4.0 bps lower, US 10Y 2.142% on safe haven bid with EGBs. Euro stocks lower along with crude, gold approaching April highs @ 1295, USD . Risk off mood in front of Thursday’s Comey testimony, ECB & UK...
by admin | Jun 5, 2017 | comments
Market Update Tsys trading lower, curve 0.5bps steeper, US 10Y 2.171 (+1.2bps) , 3bps off the post non-farm low, on low volume in TY1 futs (221K). German bunds, UK gilts also lower despite weekend terror attack, ECB & UK election risks. Crude off 0.30 @ 47.37,...
by admin | Jun 2, 2017 | comments
Market Update Tsys slightly higher, long end outperforming, top of narrow range before non farms, US 10Y 2.203%. Crude lower, down another 2.0% or 5% w/w, reversing yest gains after US DOE data showed another drawdown in inventories. Core Euro EGBs higher, gilt...
by admin | Jun 1, 2017 | comments
Market Update Tsys weaker, prices moving lower after stronger ADP (253k vs 180k exp) yields 2bps higher across the curve, 10Y 2.218% . Core Euro bonds lower, gilt yields 2bps higher in 10s 2s unch. Once again gilt underperformance attributed to latest polls showing...
by admin | May 31, 2017 | comments
Market Update Tsys lower, yields higher out the curve, short end outperforming, 10Y 2.222 (+1.4%). Narrow range overnite on low volume in TY futures. Core Euro bonds lower, 10Y bund 0.295% despite weaker core eurozone inflation fell (0.9% in May from 1.2%) &...
