by admin | Jan 24, 2017 | comments, Uncategorized
Market Update US tsys lower, yields 2-4 bps higher led by 10s @ 2.434 (+3.4bps), curve 1.5bps steeper. Tsys pressured since Asia after Monday’s short covering rally. USD higher after hitting a seven-week low on Treasury Secretary Mnuchin warning of excessive strength,...
by admin | Jan 23, 2017 | comments, Uncategorized
Market Update US tsys opening higher, US 10Y 2.44% (-2bps), curve ~0.5bps steeper. Tsys bid in Asia after Trump inauguration & ensuing protest, thou the rally faded in Europe along with core EGBs. S&P futures off 0.17%, crude down 1.2% at 52.58, reversing...
by admin | Jan 20, 2017 | comments, Uncategorized
Market Update Tsys slightly lower, reversing most of the earlier losses which saw the 10Y touch 2.509% at 5:22am ET, now 2.47% (+0.5bps). Tsys weaker in Europe tracking core EGBs with l.t. bund yields 3bps higher, gilts yields higher despite very weak retail sales for...
by admin | Jan 19, 2017 | comments, Uncategorized
Market Update Tsys still on the back foot with the 10Y 2.44 (+1bp) after stronger eco data (housing starts +11.3%) and after Yellen yest afternoon said the economy is close to the dual mandate goals of full employment and stable inflation, hinting at the possibility...
by admin | Jan 18, 2017 | comments, Uncategorized
Market Update US tsys lower, giving up gains despite bond friendly data on retail sales & PPI, yields bps lower out the curve with the curve 1bp steeper, 10Y 2.34 (-2.3bps). Tsys were initially weaker in Asia following Yellen’s hawkish comments yest aft, noting...
by admin | Jan 12, 2017 | comments, Uncategorized
Market Update US tsys higher, yields 2-4bps lower, curve flatter with the 10Y 2.33 (-4.4bps). Tsy prices off the highs after initial claims/import pricesGerman bunds weaker due to Italian govt supply. Tsys were higher in Asia on risk off buying after Trump press conf...
