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...
by admin | May 3, 2017 | comments
Market Update Tsys trading lower, US 10Y ~1bp higher 2.29% after 4bp rally yest, little reaction to slight beat on ADP +177 vs 175K exp with a small revision to March, FOMC decision later this afternoon, mkt will look for more info on balance sheet and inflation...
by admin | May 1, 2017 | comments
Market Update US tsys lower, yields 0.5bps higher thru the curve on very light volume in TY futures – 134k less than half avg as Europe is closed, much of Asia as well. Little reaction to weaker than exp March Personal Income/spending data – PCE deflator 1.8% vs 1.9%...
by admin | Apr 28, 2017 | comments, Uncategorized
Market Update US tsys moving lower despite a big miss on Q1 GDP (0.7% vs 1% exp) thou GDP prices came in stronger 2.3% vs 2.0 exp) 10Y 2.327%% (+3bps). Core Euro bonds sharply lower with the 10Y bund 5bps higher @ 0.343% and the 10Y bund/tsy spd close to three month...
