by admin | May 9, 2019 | comments
Market Update US tsys higher on rising trade tensions between the US & China, after Trump said China ‘broke the deal’ last nite, 10Y 2.45% (-3.5bps). Risk-off with US equities lower, S&P futures -21, European equities -1.0%, while the MSCI Asia...
by admin | May 8, 2019 | comments
Market Update US tsys trading higher on ‘risk off’ tone with EGBs, concerns over US-China trade and Iran nuclear tensions, US 10Y 2.435% (-2.2bps). Core EGBs higher led by 10Y UK gilts, Brexit talks between the govt and opposition ‘close to being terminated’ according...
by admin | May 7, 2019 | comments
Market Update US tsys trading little lower, 10Y 2.48%, heavier volume in TY futures (600k), stock futures lower (S&P -0.7%) on renewed trade concerns with the US threatening to raise tariffs on Friday, and China’s trade negotiator scheduled to travel...
by admin | May 6, 2019 | comments
Market Update US tsys rallying hard, 10Y below 2.50% (2.485% -4bps) on renewed US/China trade threats after Trump tweets, heavy volume in TY futures (~600k), S&P futures down 1.6%, 1900, off the lows of the session. Light data week with focus on April...
by admin | May 3, 2019 | comments
Market Update US tsys trading lower before April Nonfarm payrolls & unemp rate, 10Y 2.56% (+2bps). Core EGBs weaker after Eurozone core inflation rose 0.4% or 1.2% y/y last month, the strongest increase since Oct (0.2% exp, 0.8% y/y in March). Payrolls...
by admin | May 2, 2019 | comments
Market Update Tsys lower, US 10Y 2.515% (+1.5bps), on above avg volume in TY futures (370k), extending weakness from yesterday’s post FOMC press conference where Powell described tepid inflation readings as ‘transitory’. US equity futures slightly higher, crude...
