by admin | Mar 12, 2019 | comments
Market Update US tsys trading slightly lower, 10y 2.65 (+1bp) , close to top of o/n range , rallying with bunds/gilts on comments from UK Attorney General that legal risk to Irish backstop remains unchanged – ahead of key vote on Brexit later today. Feb CPI and...
by admin | Mar 11, 2019 | comments
Market Update US tsys trading weaker on avg volume in TY futures (300k), 10Y 2.64% (+1bp). USD index slightly higher, US equities higher (S&P futures +3, Nasdaq +20), Dow futures weighed by the ~8% slide in Boeing (200 dow pts) after the crash of an Ethiopian Air...
by admin | Mar 8, 2019 | comments
Market Update US tsys moving higher with equities lower (S&P -13), US 10Y 2.64% (-0.5bps) as weakness in global stocks continues with the Nikkei -2.05, 4th day down, CSI Comp -4.0%, Europe -1.0%. GOCs continuing to outperform tsys in the global bond rally,...
by admin | Mar 7, 2019 | comments
Market Update US tsys higher, 10Y 2.68% (-2bps) prices at highs of overnite session after ECB decision, will leave rates on hold thru this year at least, announcement of new long-term lending operations. German bund yields 1-2bps lower, 10Y 0.10% closing in on Feb low...
by admin | Mar 6, 2019 | comments
Market Update US tsys higher, before ADP payrolls and Dec trade balance, 10Y 2.71% (-1bp). German bunds followed tsys higher in Asia as Aussie bonds surged on Q4 GDP miss (0.2% vs 0.3%). The OECD cuts its forecast for global growth this year for the second time, while...
by admin | Mar 5, 2019 | comments
Market Update US tsys weaker, yields 1-2bps higher, 10Y 2.74% (+1.5bps), low volume in TY futures (250k). Core Euro bonds lower, bunds pressured by large futures block trade ~7:00am at 162.97 (EU 820k/bp), while Eurozone Jan Retail Sales came in above exp (2.2% vs...