by admin | Sep 16, 2016 | comments
Market Update US tsys trading lower after CPI came in above exp (core 2.3% vs 2.2% exp), unwinding gains after ‘risk off’ o/n session and follow thru buying after yest weak US retail sales data. Core European bonds higher, curves flatter, the 10Y bund close to zero...
by admin | Sep 15, 2016 | comments
Market Update Tsys trading higher since mix of 8:30 data, US 10Y 1.675 (-2.4bps). Core PPI 0.3% vs unch exp, while retail sales -0.3% weaker than exp. Prices off the lows since Europe after BOE left rates as well as its gilt purchase program unch. Core Euro bond...
by admin | Sep 14, 2016 | comments
Market Update US Treasuries open NY higher and flatter, 10-year note 1.709%. Rates trading firmer, near top end of range — recovering fraction of Tue’s sell-off, decent volume. Early Asian market flow included fast$ rate and spd paying in 5s, Asian...
by admin | Sep 13, 2016 | comments
Market Update US Treasuries open NY higher and flatter, 10-year note. 1.659%. TOKYO saw mkt supported as WSJ/Hilsenrath said Sept. rate hike unlikely. Intermediates Tsys bought early, while Asian banks bought 10Y notes. Japanese insurers did Tsy flatteners. Fast money...
by admin | Sep 12, 2016 | comments
Market Update US tsys slightly lower, yields ~1bp higher, US 10Y 1.68%, despite a steep decline in European and Asian stock markets, while crude fell 2.0%. Tsys off the lows in NA trade rebounding from losses in Europe. Mkts await important speech from Fed Brainard...
by admin | Sep 9, 2016 | comments
Market Update Tsys getting crushed for a second day, yields 2-6bps higher & the curve steeper with the US 10Y firmly above 1.60%, now 1.65 (+5bps). German govt bonds lower, yield curve steeper in follow thru to yest ECB decision. JGB curve ~8bps steeper – Reuters...
