by admin | Jan 21, 2019 | comments
Market Update T-Notes initially drew support from the latest BBG story re: U.S.-China trade talk impasse, with risk-off flows apparent in the wake of the story hitting, although the contract stuck to a narrow range, with U.S. cash markets closed for Martin Luther King...
by admin | Jan 18, 2019 | comments
Market Update Tsys slightly lower, 10Y 2.76% (+1bp), above avg volume in TY futures (420k), core EGBs also lower on ‘risk on’ flows while EU peripheral spreads are tighter. Stocks trading well on optimistic outlook for US-China trade after WSJ mentioned US officials...
by admin | Jan 17, 2019 | comments
Market Update Tsys moving higher on avg volume (350k TY), 10Y 2.71% (-0.5bps), tsy curve 0.5bps flatter 2s30s, ‘risk off’ after Morgan Stanley Q4 earning miss, shares down 4% pre-mkt equities lower. Tsys off the highs after strong Jan Phili Fed – 17 vs 9.5 exp. ...
by admin | Jan 16, 2019 | comments
Market Update US tsys trading lower, 10y 2.74% (+2.5bps), risk on with S&P futures higher (+6) as well as European stocks. Positive earnings from Goldman and BOA after disappointment from JPM yest. Core Euro bonds lower, wider vs tsys led by UK gilts...
by admin | Jan 15, 2019 | comments
Market Update US tsys trading higher, near top of range on moderate futures volume (365k TY), with the 10Y 2.69% (-1.3bps) as mkts await critical vote on Brexit this aft, bonds moving higher on weaker than exp PPI (-0.2% vs -0.1%). Bunds/gilts higher as German GDP...
by admin | Jan 14, 2019 | comments
Market Update US tsys higher, yields 2-4bps lower on avg volume in TY futures (330k), 10Y 2.68% (-3.5bps) . Risk off tone with S&P futures -21pts, European equities -0.7%, crude -1.3%. Bunds, UK gilts higher on weak Chinese trade data with both exports and imports...
