by admin | Dec 15, 2016 | comments, Uncategorized
Market Update US tsys lower in follow thru to yest FOMC led by the 5Y which is 6bps higher @ 2.10%, ~22bps in two days or the highest since Apr 2011. Small bounce after as expected CPI, thou both Phili Fed and Empire Man came in stronger. Foreign central bank...
by admin | Dec 14, 2016 | comments, Uncategorized
Market Update US tsys higher with the long end leading, US 10Y 2.444 (-2.7bps) after Nov retail sales came in short of expectations 0.1% vs 0.3% with Oct revised lower as well thou PPI rose 0.4% vs 0.1% exp. Core Euro bonds also higher, supported by the Bank of...
by admin | Dec 13, 2016 | comments, Uncategorized
Market Update US tsys trading higher, US 10Y 2.451% (-2bps), curve flatter supported by move in European bonds. European investors spending cash which had piled up in the selloff as EGB supply drops off into year end. Gold trading lower, European stocks ~1.0% higher...
by admin | Dec 12, 2016 | comments, Uncategorized
Market Update Tsys sharply lower after overnite spike in oil on new OPEC cuts, yet so far 2.50% bringing in buyers, tied to selling of yen according to MNI. Overnite the 10Y hit 2.525% in Tokyo as Saudi agreed to cut more oil and non OPEC members are ready to sign on...
by admin | Dec 9, 2016 | comments
Market Update Tsys rebounding from earlier losses on news ECB will not grant Monte Paschi’s requests for more time to raise capital boosting the likelihood of a state bailout. US 10Y 2.404% after hitting 2.44% in NA trading. Core Euro bonds also pairing losses, 10Y...
by admin | Dec 8, 2016 | comments
Market Update Tsys sharply lower, steeper, US 10Y 2.40% (+5.8bps) after ECB said it would buy E80bln/mth until March 17 but after reduce to E60bln until Dec 17. 10Y hit 2.416% at the lows but buyers have came in before ECB press conference. Core EGBs lower, yields...
