by admin | Feb 24, 2017 | comments, Uncategorized
Market Update US tsys higher, yields another 1-2bps lower, with the US 10Y 2.358% (-1.8bps) in follow thru to yesterday’s ‘risk off’ rally. European stocks are off 1.4% , the USD index is lower for a third day, while crude is trading below $54, down 0.86%. Tsys were...
by admin | Feb 23, 2017 | comments, Uncategorized
Market Update US tsys firmer, yields 1-2 bps lower led by the 7Y , longs lagging. Tsy sec Mnuchin interviewd on CNBC said tax reform is a priority, yet wont impact economy until next yr. Mnuchin also daid it ‘makes sense’ to look at issuing a 50 year tsy bond. US tsy...
by admin | Feb 22, 2017 | comments, Uncategorized
Market Update Tsys firmer, curve flatter with the long end outperforming, yields 1-2bps lower, with the 10Y 2.411 (-1.8bps). Heavy volume in TY futures (508K) with a slight fade in Asia and rally in Europe on safe haven buying related to French election and weaker...
by admin | Feb 21, 2017 | comments, Uncategorized
Market Update US tsys lower, prices at overnite lows on heavy volume in TY futures(488k), Us 10Y 2.456(+4.,1bps). Fed Harker saying would not rule out March rate hike if PCE warranted it in interview with MNI. Core Euro bonds sharply lower, yields 2-3bps higher after...
by admin | Feb 17, 2017 | comments, Uncategorized
Market Update US tsys moving sharply higher, yields 2-4 bps lower with the US 10Y @ 2.40% (-4.6bps) and the curve 2bps flatter., brisk buying starting in Asia according to MNI, heavy volume in TY futures (485k ). Core Euro bonds also higher, flatter, peripherals...
by admin | Feb 16, 2017 | comments, Uncategorized
Market Update US tsys trading higher, yields 1-2 bps lower with longs lagging on the curve & the US 10Y 2.474 (-2bps). Prices off the highs after Feb Phili Fed surged to 43 vs 18 exp., thou Housing Starts were weaker -2.6% vs unch exp. European govt bonds higher,...