by admin | Jan 14, 2020 | comments
Market Update US tsys trading slightly higher on avg volume (330k TY futures), 10Y 1.84%, US equity futures paring earlier losses (S&P -3.75). JPM up ~2.0% pre-mkt on stronger Q4 fixed income & trading revenues, eps $2.57 vs $2.36 est. US Dec CPI on tap – 0.3%...
by admin | Jan 13, 2020 | comments
Market Update US tsys trading lower, yields 2- 2.5bps higher led by the long end with the 10Y 1.84%, curve 2bps steeper. US equity futures higher, S&P +12, Nasdaq +44, crude unch. Risk-on tone with US-Iran conflict fading and Wednesday’s signing of the US-China...
by admin | Jan 10, 2020 | comments
Market Update US tsys trading unch before Dec payrolls (160k exp vs 266 in Nov), 10Y 1.85%, avg volume in TY futures (~310k). US equity futures giving up most of o/n gains (S&P +4), crude moving lower as well. GOCs outperforming tsys out the curve, 1.5bps...
by admin | Jan 9, 2020 | comments
Market Update US tsys higher before Initial claims, risk off buying after Iran headlines it will retaliate with missile attacks against US forces, US 10Y 1.865% (-1bp), curve 1bp flatter with short end unch. Fed Clarida saying inflation expectations are at low end...
by admin | Jan 8, 2020 | comments
Market Update Sharp risk-off/safe-haven bid to Iran retaliatory missile strikes on US air bases in Iraq late Tuesday have evaporated amid miraculous reports of zero casualties. Pres Trump postponed address to nation from last night to sometime this morning. Tsy...
by admin | Dec 31, 2019 | comments
