by admin | Mar 14, 2017 | comments, Uncategorized
Market Update Tsys higher, yields 1-2bps lower, curve flatter, 10Y 2.606% (-2bps), S&P futures lower and crude below $48 on news OPEC raised output above 10mln bbls/day in Feb. Bund yields lower after the 10Y briefly went above 0.50% for the first time since...
by admin | Mar 13, 2017 | comments, Uncategorized
Market Update Tsys trading lower, yields 1-1.5bps higher with the 10Y 2.59%, prices pressured lower in transition to NA trading as S&P futs are now positive thou crude is down for a 5th day 48.30 after falling below 48 earlier. FOMC decision the highlight for the...
by admin | Mar 10, 2017 | comments, Uncategorized
Market Update Tsys off the lows after payrolls came in above exp 235k vs 200k exp yetaverage hourly earnings weaker 0.2% vs 0.3% and the unem rate unch 4.7% -the 10Y 2.576% vs 2.602% pre payrolls. Tsy prices slightly higher in Europe on weaker IP, Man Prod data out of...
by admin | Mar 9, 2017 | comments, Uncategorized
Market Update Tsys mixed, slightly higher in the short end, 10s unch 2.56%, tsy futures in narrow 3 tick range overnite. German bund curve steeper bias after ECB left rates & QE unch. Tsys/bunds reacting to Draghi’s hawkish press conf – revision upwards in HICP...
by admin | Mar 8, 2017 | comments, Uncategorized
Market Update Tsys sharply lower after huge Feb ADp (298k vs 187k), yields 3-4 bps higher, 10Y at 2.56% above 2.55 resis. from Jan 26th,volume in TY futures heavy TYM7 taking out the lows for the year at 123-00. Tsys weaker thru Asia session, selling picking up in...
by admin | Mar 7, 2017 | comments, Uncategorized
Market Update Tsys slightly lower in NA trading with the 10Y 2.505%, curve ~0.5bps flatter in a narrow range . EGBs higher outperforming on weaker data bund curve steeper on long end supply. Tsys still pressured by huge IG supply – $22bln yest with 11 issues....