by admin | Aug 29, 2016 | comments
Market Update US tsys higher, recovering some of Friday’s late selloff, with the US 10Y 1.615 (-1.5bps), and longs outperforming. Prices rising off the lows despite July PCE core coming in @1.6% vs 1.5% exp and June Personal Spending revised higher to 0.5%. Bear...
by admin | Aug 26, 2016 | comments
Market Update US tsys/ GOCs slightly higher in another quiet overnite session as mkts await Fed Yellen’s speech at Jackson Hole at 10:00EST. US Q2 GDP in line with exp, the GDP deflator revised higher to 1.8% from 1.7%Fed Bullard on the tape saying inflation is low...
by admin | Aug 25, 2016 | comments
Market Update US tsys moving lower after stronger Durable Goods after quiet o/n session and before Yellen speech at Jackson Hole. Light volume in TY futures (~252K), tsys lagging the decline in core Euro bonds despite weak German IFO confidence, the 10Y German bund...
by admin | Aug 24, 2016 | comments
Market Update US tsys either side of unch on low volume session (204K TY1) with an upward bias since NA trading, the US 10Y 1.545% (-0.5bps). WTI trading lower after API data showed inventories up 4.46mln bbls. Asian stocks mixed with the HS index closing lower but...
by admin | Aug 23, 2016 | comments
Market Update US tsys yields ~1bp higher across the curve, except the long end which is unch, the US 10Y 1.55% (+1bp). Tsys rebounding after earlier losses in Europe as stock futures decline. European stocks holding on to ~1.0% gains, core Euro bonds lower – the...
by admin | Aug 22, 2016 | comments
Market Update US tsys slightly higher, curve flatter, US 10Y 1.575 (-0.5bps). Tsys lagging the core Euro bonds which are seeing renewed bull flattening with the 10Y bund yield -4bps @ -0.074%. Hawkish comments from Fed Fischer weighting on shorter term yields –...