by admin | May 11, 2017 | comments
Market Update US tsys giving up slight gains on much firmer Apr core PPI – 0.7% vs 0.2% exp , while claims fell to 236k vs 245k and cont claims at a new low 1918k -US 10Y unch @ 2.403%. EGBs lower after US data after rising on dovish BOE Carney testimony. Carney...
by admin | May 10, 2017 | comments
Market Update Tsys higher, US 10Y 2.38 (-2bps) on above avg volume in TY futures (346k). No real reaction to stronger April import prices (0.5% vs 0.1% exp. Overnite bid in tsys on news Trump fired FBI director Comey & N. Korea missile test. EGBS higher, bunds...
by admin | May 9, 2017 | comments
Market Update Tsys slightly weaker on avg volume in TY futures, 10Y above 2.40%. Tsys weighed by weaker German bunds/ UK gilts on a wave of sovereign supply from Austria, Netherlands & German 30Y linker sales. European stocks higher, USD higher for 2nd day at...
by admin | May 8, 2017 | comments
Market Update Treasuries decline in morning NY action, cutting earlier opening gains, amid FX-tied pressure as US$/yen rose recently. US Treasuries prices opened NY higher after rising since about 2am ET after some initial give-back of safe-haven bid as France...
by admin | May 5, 2017 | comments
Market Update Tsys moving higher despite stronger US payrolls (211k vs 190k) and a decline in the unemp rate to 4.4% and the underemployment rate the lowest since 2007. Yet AHE fell to 2.5% from 2.6% in Mar (revised from 2.7%) and participation rate fell to 62.9% from...
by admin | May 4, 2017 | comments
Market Update Tsys lower after claims & Q1 prod. Data , after a risk on overnite session. US 10Y 2.352% (+3bps), Euro equities at new highs up 0.80%, S&P futures +5.5. Stocks buoyed by polls showing Macron won TV debate ahead of Sunday’s run-off EGBs pressured...
