by admin | Jun 23, 2017 | comments
Market Update US tsys opening slightly weaker out the curve on light volume, 10Y 2.16%, pressured lower with EGBs. UK gilts lower, curve 3bps flatter on hawkish comments from BOE Forbes hat there shouldn’t be delay in raising rates, 2Y gilt 3bps higher @ 0.24% highest...
by admin | Jun 22, 2017 | comments
Market Update US tsys slightly lower, 10Y 2.158% on low volume in TY futures (200k), narrow 4 tick range. Core EGBs mixed – Bund curve flatter, 5Y +2bps, demand for flatteners , much higher than ag volume in the current 5Y ‘Bobl’ contract, the 5s30s curve 5bps...
by admin | Jun 21, 2017 | comments
Market Update US tsys lower, 10Y 2.167% (+1bp), on moderate volume in TY futures (250k). Tsys pressured lower in Europe as gilts tumbled on hawkish comments from BOE Haldane said rates may have to move higher in the second half of the yr. Bunds mixed, longer...
by admin | Jun 20, 2017 | comments
Market Update US tsys trading higher, yields 0.5bps – 2bps lower led by the long end in a bull flattening move with the 10Y 2.177 (-1.1bps), US 10/30 curve new lows 59bps, 6bps since last week’s FOMC. S&P futures -2.75, crude off 2.6% below $44 before DOE...
by admin | Jun 19, 2017 | comments
Market Update Tsys moving lower in NY trade after Fed Dudley comments on wages and inflation, US 10Y 2.167%. Dudley noted inflation is lower than the Fed would like while wage growth should pick up. Overnite was mostly range bound, quiet action, European equities are...
by admin | Jun 16, 2017 | comments
Market Update Tsys slightly weaker off the lows after May housing starts fell 5.5% vs 4.1% increase exp to the lowest pace since Sep 2016, US 10Y 2.165%. Euro equities higher, S&P futures +1.25, crude bouncing off the lows 44.85. Core Euro bonds lower led by...
