by admin | Feb 2, 2017 | comments, Uncategorized
Market Update US tsys trading higher, yields ~3bps lower, 10Y 2.44%. Euro govt bonds sharply higher led by 10Y gilts 8bps lower @ 1.36% after the BOE voted to leave rates unch, upgraded its forecast for growth for the second time since Brexit and now sees inflation...
by admin | Feb 1, 2017 | comments, Uncategorized
Market Update Tsys lower trading at the low end of o/n range , yields 2-3 bps higher 10Y 2.484% after ADP came in +246K vs 168K exp. FOMC decision at 2pm, no change expected and there is no news conf yet statement will be closely watched for clues as to timing of...
by admin | Jan 31, 2017 | comments, Uncategorized
Market Update US tsys trading higher, yields 1-1.5bps lower 10Y 2.477% . Prices fell in Europe after rising initially in Asia on news that Trump had fired his AG, as well as month end buying as the estimated extension in the BB Barclays Tsy Index is 0.07yrs. Yet...
by admin | Jan 30, 2017 | comments, Uncategorized
Market Update US tsys mixed, slightly higher out to five years with the back end lagging, curve 1bp steeper, 10Y 2.49%. Little reaction to PCE which came in below exp (0.3% vs 0.4%). Prices off the lows after Jan German inflation came in below exp(1.9% vs 2.0%) ....
by admin | Jan 27, 2017 | comments, Uncategorized
Market Update US tsys higher, erasing earlier slight losses, 10Y 2.506 after a miss on Q4 – mostly on trade as final sales rose 2.1% vs 1.8%. Light volume overnight as China closed for New Year. Core European bonds higher, 10Y gilts 2.5bps lower @ 1.485% on no data...
by admin | Jan 25, 2017 | comments, Uncategorized
Market Update US tsys lower with the tsy curve steeper, prices off overnight price low which saw the 10Y hit 2.485%, now 2.48% (+1.5bps). Tsys weaker in Asia as risk on carried over from Tuesday & Nikkei rose 1.43% the largest rise since Jan4th. The MSCI – All...
