09/01/2018

Market Update Tsys trading mixed on decent volume w/Japan back from extended weekend (TYH>340k), long end underperforming/curves steepening. Equities inch higher (emini +2.0, 2748.5), gold weaker (XAU -6.28, 1514.19), West Texas crude firmer (WTI +.37, 62.10). The...

08/01/2018

Market Update Tsy futures trading firmer, top end of narrow range on light volume (TYH<180k); yld curves unwinding portion of Friday’s steepening w/2s10s -0.284 at 50.952, 2s30s -.450 at 84.207, 5s30s -.217 at 51.809. Equities little weaker after making new...

22/12/2017

We will be back on Monday January 8th.  News headlines  Congress Averts a Shutdown But Now Faces a Messy Start to 2018 (Bloomberg) The Republican-controlled Congress on Thursday night managed the bare minimum task of keeping the government open, yet made little...

21/12/2017

Market Update Tsys trading higher before 8:30 data (Phil Fed, GDP), 10Y 2.48% (-1.6bps) after three day selloff. Current levels on TY near highs of overnite range on moderate volume (288k). Equities firmer (S&P fut +5.25), crude slightly weaker. Core EGBs lower, ...

20/12/2017

Market Update Tsys selloff continues on heavy volume, 10Y approaching 2.50% , eclipsing the intra day high from October 27th  on US tax cut overhaul, with the Senate slated to vote on the bill later this morning. Core European bonds in catchup mode, 10Y bund 0.403%...