by admin | Apr 30, 2018 | comments
Market Update Quiet start to what promises to be a busy week data wise in the US, with tsys slightly weaker, 10Y 2.96% (+0.5bps) on low volume in TY futures (~210k), equity futures higher, reflecting a string of better than expected earnings as well as the...
by admin | Apr 27, 2018 | comments
Market Update Tsys continuing higher , US 10Y 2.965 (-1.5.bps) , on above avg volume in TY futures, ahead of Q1 GDP (2.0% vs 2.9% Q4) and ECI. USD index higher for a third day, the euro declining to the lowest since Jan 12th. Core EGBs higher led by sharp rally in...
by admin | Apr 26, 2018 | comments
Market Update Tsys higher, US 10Y back below 3.0% (2.994 -3.4bps), along with core Euro bonds after ECB/ Swedish Riksbank. Equity futures higher after positive earnings from FB, Qualcomm, and crude is higher for a 2nd day (68.89 +1.0%) after Macron said the US is...
by admin | Apr 25, 2018 | comments
Market Update Tsys lower on heavy volume in TY futures (>500k) , 10Y above 3.0% @ 3.026% (+2.6bps), yield curve slightly steeper. USD index at high since Jan 12th (DXY + 0.46%), above key 91 resist, equities adding to yesterday’s selloff, S&P futures -8.0....
by admin | Apr 24, 2018 | comments
Market Update Tsys trading lower in recent trade, 10Y 2.99% (+1bp) after rangebound o/n session. Equity futures higher (S&P +14.75), earnings from Caterpillar, Verizon & UTX beat exp – Cat +6% higher pre-mkt. Crude follow thru after yesterday’s rebound, now...
by admin | Apr 23, 2018 | comments
Market Update Tsys trading weaker, 10Y close to 3.0% for the first time since Jan 2014, currently 2.975% vs 2.995% high, on heavy volume in TY futures (>500k,. ~2x avg daily vol), USD surging higher for a 5th day, DXY highest since March 1st. EGBs lower, weighed by...