by admin | Feb 7, 2018 | comments
Market Update Tsys trading higher, yields 1.5-2.5bps lower, 10Y 2.78% (-2bps), S&P futures -10, gold firmer, crude down for a third day 63.20. German bunds lower, trading close to the lows of the session with the 10Y bund 0.72% (+3.5bps) and the tsy/bund spd 6bps...
by admin | Feb 6, 2018 | comments
Market Update Tsys weaker, giving up early gains which saw the 10Y reach as low as 2.64% and then reverse back to 2.76% – now ~2.73% on 5x avg volume in TY futures (>1.6MM contracts). Risk off tone as global equity selloff continues, Europe down 2%, S&P...
by admin | Feb 5, 2018 | comments
Market Update Tsys trading firmer, near highs of session on heavy volume (667k TY), curve steeper led by the 5Y10Y 2.834 (-0.7bps). EGBs higher amid talk of asset allocation trades out of stocks as European stocks are down 1.3%, crude down another 0.65 @ 65.09....
by admin | Feb 2, 2018 | comments
Market Update Tsys slightly higher before payrolls, 10Y 2.78% (-1.2bps), futures near highs on heavy volume. European equities down 1.0%, S&P futures -16, gold weaker, crude unch. Deutsche Bank -5.0% on Q4 earnings & revenues miss. Core EGBs lower despite...
by admin | Feb 1, 2018 | comments
Market Update Tsys weaker across the curve, 5Y above 2.55, 10Y 2.75%, futures near o/n lows on heavy volume (600k TY). Tsys lower with EGBs as Spanish & French supply weighed, 10Y bund above 0.73% . Stocks in Europe reversing gains unable to recover after a three...
by admin | Jan 31, 2018 | comments
Market Update US tsys higher, US 10Y 2.705 (-1.5) despite stronger Jan ADP (234k vs 185k) and the US Treasury raising auction sizes for 3, 10 & 30 yr qrtly refunding. Tsy curve pairing back yesterday’s steepening as well, 2bps flatter led by the long end. Busy...
