by admin | Dec 2, 2016 | comments
Market Update Tsys higher, rising after non farm payrolls came up short of estimates (178k vs 180k) with Oct revised lower, US 10Y 2.40%(-4bps). Tsys higher in Asia on position squaring before employment data as well as Italy referendum this weekend. European rising...
by admin | Dec 1, 2016 | comments
Market Update Tsys lower, curve 2bps steeper with the 10Y above 2.40% for the first time since July 2015 as crude rises over $50 after OPEC decided to cut production yest, its first cut in eight years. Tsys pressured since Asia trading, brief reprieve ~4:00AM. German...
by admin | Nov 30, 2016 | comments
Market Update Tsys sharply lower, yields 5-6bps higher, 10Y 2.36% weighed by soaring oil on news of OPEC agreement on cut in production by 1.2mln b/d to 32.5mln, this was less than the 1.4mln b/d expected. US data mixed: ADP employment stronger, 216k vs 170k exp, thou...
by admin | Nov 29, 2016 | comments
Market Update Tsys trading lower, yields 1-3 bps higher, US 10Y 2.35 after Q3 GDP came in better than exp at 3.2% – the strongest qtr in two yrs, with upward revisions to PCE & residential fixed invest. Crude taking another leg lower on less hope of a...
by admin | Nov 28, 2016 | comments
Market Update US tsys higher, yields 2-3 bps lower across the curve as oil prices remain under renewed pressure as likelihood off a deal to cut production at this Wednesday’s OPEC meeting remains uncertain, with Iran and Iraq proving difficult to persuade so far while...
by admin | Nov 25, 2016 | comments
Market Update US Treasuries opened Fri NY weaker after Thurs holiday, Wed NY decline; 10Y note now 2.381% vs. 2.357% Wed 3pm ET. TOKYO saw decent Tsys volume: Asian-real money and commercial banks sellers of 5Ys, Asian real-money buying of 10’s as well as...
