by admin | Jul 31, 2017 | comments
Market Update Treasuries open NY lower, after overnight two-way flows including Asian safe-haven bid amid another N.Korea ICBM missile firing. German Bund decline on higher than expected German retail sales, surprise Eurozone core inflation rise. Also selling in Tsy...
by admin | Jul 28, 2017 | comments
Market Update Treasuries opened NY lower across the curve with the US intermediates now leading lower esp. 5Y note amid 5/30Y curve flattening; 10Y yield is now at 2.334% vs. 2.309% at 3pm ET Thursday. Traders await 8:30am ET US Q2 GDP report; MNI poll median estimate...
by admin | Jul 27, 2017 | comments
Market Update Treasuries open NY weaker after overnight two-way flows followed US post-FOMC rally. Tsy 1pm ET $28B 7Y auction. 10Y Tsy yld 2.3bp higher at 2.305%; 2/10Y curve steeper, 5/30Y flatter by 0.60 bps. Today, is the heaviest day for company earnings...
by admin | Jul 26, 2017 | comments
Market Update Treasuries open higher after Tuesday selloff after overnight two-way flows and a market creep up since about 2:30am ET; Tsys curves mixed after Tuesday steepen. Tsy will sell 11:30am ET US$13B 2Y FRN auction and a 1pm ET US$34B 5Y note auction, which...
by admin | Jul 25, 2017 | comments
Market Update Tsy futures trading weaker and close to session lows, long end underperforming, weighed by UK 30-yr Gilt auction, stronger German Ifo and block selling in 10-yr tsy not in future. 2/10Y steeper but 5/30Y flatter after two-way overnight trading flows. Tsy...
by admin | Jul 24, 2017 | comments
Market Update Tsy futures trading weaker, long end underperforming, trailing core EGBs on light volume, as European underpinned by soft flash PMI’s. The July FOMC statement is the highlight of the week. There should be only modest adjustments to the...