by admin | Nov 26, 2019 | comments
Market Update US tsys extending highs after more China headlines – ‘sticking points remain’ and rise in Oct retail inventories (0.3% vs 0.1%) 10Y 1.735% (-2bps), S&P futures unch. Gilts sharply higher, 10Y gilt 6bps lower @0.63% lowest since Nov1 despite lower...
by admin | Nov 25, 2019 | comments
Market Update US tsys trading lower, yields 0.5-1.5bp higher led by the 7Y , with the 10Y 1.785 (+1.5bps), heavier volume in TY futures inflated by Dec/Mar roll. Equity futures higher, S&P +7.25, crude slightly higher 57.88 close to top of three month range....
by admin | Nov 22, 2019 | comments
Market Update US tsys higher, yields 1-2.5bps lower with the 10Y 1.75% (-2.5bps), tsy curve 1bp flatter on heavier volume due to the Dec/Mar roll, prices buoyed by rally in core EGBs on weak data. UK PMI data missed (48.6 vs 50.1), gilts bull flattening with yields...
by admin | Nov 21, 2019 | comments
Market Update US tsys trading lower, paring earlier losses, 10Y 1.76% (+1.2bps), heavy volume in TY futures mostly due to Dec/Mar roll. Initial risk-on after comments from China Morning Post that US may delay Dec 15th tariffs. S&P futures +3.5 UK gilt yields...
by admin | Nov 20, 2019 | comments
Market Update US tsys trading higher, yields 3-5bps lower with the 10Y 1.74% (-4.5bps), risk off tone after US Congress passed Hong Kong bill in support of protest, which drew rebuke from China. WSJ article said trade talks between the US and China have stalled as...
by admin | Nov 19, 2019 | comments
Market Update US tsys trading slightly lower, 10Y 1.815%, TY futures drifting lower in narrow range on low volume (275k). Equity futures higher (S&P +7.75, Nasdaq +0.40%) despite Home Depot being down 4% pre-mkt after missing on revenues and cutting its full year...
