by admin | Sep 8, 2016 | comments
Market Update US tsys under pressure, US10Y 1.55 (+1.2bps) after ECB decision to leave both its main rate and size of its Asset Purchase Program unchanged and leave the QE end date at March 17. Core Euro bonds sharply lower, 10Y yields 3-4bps higher since the ECB....
by admin | Sep 7, 2016 | comments
Market Update US tsys slightly lower to unch, the US 10Y yield close to two week low @ 1.53%, prices close to yesterday’s post ISM highs. Fed Williams repeated his call for the Fed to raise rates ‘sooner rather than later’ in a speech in Reno yest....
by admin | Sep 6, 2016 | comments
Market Update US tsys opening higher, curve slightly flatter, US 10Y 1.595 (-1bp). Tsys lagging the rally in core European bonds. Long term UK gilt yields 5bps lower ahead of BOE’s purchase operation in 15yr gilts this aft. German bunds higher led by longs amid lower...
by admin | Sep 1, 2016 | comments
Market Update Treasuries seep lower amid revised higher 4.3% 2Q unit labor costs vs. prelim 2.0% gain; 10-year note is now at 1.607%. Pressed on latest claims, curve extends bear steepener move. Flow pretty orderly so far, still have several second tier data points...
by admin | Aug 31, 2016 | comments
Market Update US tsys rallying after ADP came in slightly above exp at 177k vs 175k with July revised to 194k from 179k, 10Y note 1.575 (+1bp). Tsys lower overnite in narrow range, rising off the lows in Europe. Fed Rosengren spoke of the risks in keeping rates too...
by admin | Aug 30, 2016 | comments
Market Update US tsys lower, US 10Y 1.58 (+2bps), core Euro bonds higher led by 10Y UK gilts, German bunds also higher on lower CPI. Tsys mostly lower overnite on highe than avg volume, but cut losses after Fed Fischer admitted pace of rate increases depends on data. ...
