by admin | May 19, 2017 | comments
Market Update Tsys trading weaker , curve steeper out to tens, 10Y 2.25% (+2bps), longs outperforming on avg volume in TY futures esp compared to the last couple of days. Euro stocks higher, S&P mini +5pts, crude +1.2% @ 49.95. Tsys in a narrow range overnite,...
by admin | May 18, 2017 | comments
Market Update Tsys higher again this morning on risk-off, volume in TY futures ~3x avg, 750k , US 10Y below 2.20% for the first time in a month, Dow futs -European stocks lower- stoxx -1.0% led by banks -2%. Brazil real fell 5.3% at the open, Brazil stk futures down...
by admin | May 17, 2017 | comments
Market Update Tsys higher on heavy volume in TY1 futres (>500k vs 260k), bid again on political news after NYT story on Trump/Comey meeting, US 10Y 2.292 (-3.3bps), curve 1bp flatter with longs lagging by 0.5bp. Dow futures off 93pts, USD index lower for a fifth...
by admin | May 16, 2017 | comments
Market Update Tsys rising off the lows after disappointing Apr Housing Starts (-2.6% vs 3.7% exp) rallying o/n on risk-off bid related to latest Trump news on Russia, US 10Y fell to 2.32% before the pullback in Europe, now 2.36% (+1bp). The USD index lower for a third...
by admin | May 15, 2017 | comments
Market Update Tsys slightly lower on avg vol in TY1 futs, 10Y 2.333 (+0.7bps), curve steeper with longs underperforming – little reaction to weaker May Empire Man (-1 vs 7.5). Early risk off bid on North Korea missile launch faded, crude sharply higher as OPEC looks...
by admin | May 12, 2017 | comments
Market Update Tsys higher after both core Apr CPI and retail sales missed to the downside, US 10Y 2.36. Tsys rose overnite with EGBs. German bunds spiked in early trading on muted volumes as yesterday’s 165.98 high was breached, but prices have almost completely...
