by admin | Dec 6, 2017 | comments
Market Update Tsys trading higher close to session highs after ADP +190k as expected. Heavy volume in TY futures overnite (>480k) tsy curve steeper, 10Y 2.33(-2bps). FTQ bid on news Trump admin to recognize Jerusalem as capital of Israel. Equities weaker – ...
by admin | Dec 5, 2017 | comments
Market Update Quiet session overnite with tsy ten year futs trading at the low end of the range after selling since Europe on avg volume (>280k), 10Y 2.39% (+1.8bps). Gilts trading higher, led by longs on Brexit progress, weaker UK service PMI (53.8 in Nov from...
by admin | Dec 4, 2017 | comments
Market Update Risk on rally after passage of US tax bill early Saturday, tsys lower yields ~3bps higher, on heavy volume in TY futures (530k), US 10Y 2.392 (+3bps). Equities higher – S&P fut +15, Euro stoxx +1.2%. The USD is higher vs the euro, lower vs GBP, unch...
by admin | Dec 1, 2017 | comments
Market Update US Treasuries opened NY higher, flatter after US Senate Thursday night postponed GOP tax bill vote to 11am ET Fri, amid need for compromise as various GOP sides want different bill contents.Bloomberg reports various GOP factions appeared to have made...
by admin | Nov 30, 2017 | comments
Market Update Tsys little changed after8:30 data, 10Y 2.383% after yesterday’s 6bp selloff, prices moving off the lows despite firmer Oct core PCE, lower claims. UK gilts lower for a second day, off the lows after . Month end extensions in view with both the US &...
by admin | Nov 29, 2017 | comments
Market Update Tsys trading weaker, unwinding brief FTQ bid following N. Korea missile launch, trading lower since Europe with core EGBs, US 10Y 2.37% (+4.3bps), little reaction to upwardly revised Q3 GDP (3.3% vs 3.0% prev). Gilts yields 10bps higher, bunds weaker on...
