by admin | Mar 6, 2018 | comments
Market Update US tsys trading weaker with core EGBs , US 10Y 2.895 (+1.5bps) pressured by ‘risk on’ tone amid headlines that North Korea is open to denuclearization while Trump tariff’s facing stiffer opposition, while the EU is prepares to impose tariffs of their...
by admin | Mar 5, 2018 | comments
Market Update US tsys trading higher, 10Y 2.84% (-2.5bps), heavy volume in TY futures (530k). The risk off move in tsys & bunds following the Italian election results has largely faded, with the German 10Y yield 2bps lower @ 0.623% after initially falling to...
by admin | Mar 2, 2018 | comments
Market Update Tsys trading mixed, slightly higher in the short end on strong volume in TY futures (520k), 10Y 2.81% (unch). Light data calendar with only Univ of Michigan Sentiment, so focus will remain on equities which are looking weaker with the Euro stoxx -1.9%,...
by admin | Mar 1, 2018 | comments
Market Update Tsys trading higher, 10Y 2.83 (-3bps), ‘risk off’ rally with European equities down 1.0%, US equity futures also lower (S&P -7.5), the USD index higher for a 3rd day , the euro below 1.22 the lowest since Jan 12th. Fed chair Powell’s second day of...
by admin | Feb 28, 2018 | comments
Market Update Tsys trading higher, 10Y 2.88 (-1bp) – no reaction to Q4 GDP revision (2.5% vs 2.6% initial reading). Tsy prices supported by sharp rise in UK gilts after the release of the latest EU Brexit proposal – gilt yields 3-4bps lower. Big slide in Asian...
by admin | Feb 27, 2018 | comments
Market Update Tsys weakening after the text of Fed chair Powell testimony released – says gradual rate rises are needed, outlook remains strong, curve steeper, 10Y 2.88% 9+1.7bps). Focus now on Powell testimony at 10:00, Durable Goods weaker than exp, -3.7% vs -2.0%...
