by admin | Oct 7, 2016 | comments
Market Update – Tsys moving lower, US 10Y 1.752% (1.3bps) despite Sept payrolls coming in weaker 156k vs 170k and AHE up 0.2% vs 0.3% exp, thou the part rate did tick up to 62.9%. Tsys down o/n with UK gilts which sold off sharply again on nervousness over a...
by admin | Oct 6, 2016 | comments
Market Update -Tsys trading lower after 8:30 claims data, ‘risk on’ as Euro stocks rise, crude at new highs WTI above $50 for first time since June 24th , US 10Y 1.72 (+1.5bps). Euro stocks higher led by fincls – DB up another 2.0% despite news the Bank...
by admin | Oct 5, 2016 | comments
Market Update – US tsys slightly higher in NA trade, US 10Y 1.685 (-0.3bps), mostly ignoring the small miss in the ADP empl (154k vs 165k exp). Tsys firmer in Asia yet fell after Fed Evans said he was ‘comfortable’ with rate hikes this yr. Tsys also pressured on...
by admin | Oct 4, 2016 | comments
Market Update – Tsys trading slightly weaker, curve flatter, US 10Y 1.62%, narrow overnite range in TY futures. European stocks higher, reserve Bank of Australia kept rates unch, big decline in Aussie bonds pressured tsys, Aussie curve ~6bps steeper. Order book...
by admin | Oct 3, 2016 | comments
Market Update – German government bonds are trading modestly lower in NY open Monday, with the 10-year part of the yield curve underperforming, weighed by better than expected Spain, Italy and UK manufacturing PMI. However, volumes were very light as German...
by admin | Sep 30, 2016 | comments
Market Update – Tsys open higher, US 10Y in risk off session as European stocks down 1.2% for a second day on more Deustche Bank concerns, Nikkei and HS down 1.0%. ING shares down 4.6% on reorg plans, DB off ~7.0%. The demand for US dollars has skyrocketed based...
