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%) &...
by admin | May 30, 2017 | comments
Market Update Tsys unch, giving up earlier gains on upward revision in March Person spending, PCE deflator, US10Y 2.243%. Heavy volume in TY futures o/n, mostly finishing off the Jun-Sep roll. USD weaker vs yen but higher vs euro. Core Euro bonds lower, UK gilt curve...
by admin | May 29, 2017 | comments
Market Update Core Euro bonds unch, volume in German bund futures way below avg with the US on holiday. Italian debt under pressure, curve ~5bps steeper 10Y yield 10bps higher @ 2.18% after former PM Renzi said Italy could stage early elections, also tomorrow brings...
by admin | May 26, 2017 | comments
Market Update US tsys higher, yields 1-3 bps lower, curve flatter led by the 7Y, 10Y 2.234 (-2.1bps), little reaction to upward revision to Q1 GDP, weaker durable goods. TY volume high on continued Jun-Sep rolls, prices rising in Europe as equities weakened thru the...
