by admin | Jan 11, 2017 | comments, Uncategorized
Market Update US tsys trading higher, upper end of o/n range with the US 10Y 2.377, albeit in a very narrow range on low volume in TY futures (203k). Asian hrs saw foreign CB selling in the short end, with interest in buying out the curve, flatteners from credit...
by admin | Jan 10, 2017 | comments, Uncategorized
Market Update US tsys trading lower, yields 1.6 – 2.3 higher across the curve, US 10Y 2.388 (+2.4bps), curve 0.5bps steeper after US small business optimism, as measured by the NFIB index, rose to a 12-year high in Dec to 105.8. Tsys pressured in Europe after unch...
by admin | Jan 9, 2017 | comments, Uncategorized
Market Update US tsy yields 1-3 bps lower, curve flatter , 10Y 2.388 (-3.1bps). S&P futures lower and crude off 2.0%. Tsys higher since early European trading as oil slid while UK gilts rally(10Y 1.325 -5.3bps) on Brexit concerns following comments from PM May,...
by admin | Jan 6, 2017 | comments, Uncategorized
Market Update Post non farm :US tsys sharply lower after Dec payrolls fell short (156k vs 175k) but AHE rose 2.9% vs 2.8% exp. while Nov payrolls where revised sharply higher to 204k from 178k. Yields 2-4 bps higher led by the 5Y, with the 10Y 2.386% from 2.33% low...
by admin | Jan 5, 2017 | comments, Uncategorized
Market Update Tsys prices open NY higher, but well off 2am ET highs, after FX-tied buying in Asia was followed by UK drift. High-grade corporate bond issuance busy. US ADP sees 153’000 for December private Payrolls. Treasuries gain mildly on softer than expected...
by admin | Jan 4, 2017 | comments, Uncategorized
Market Update US Treasuries open NY mainly lower, 30Y exception, curvesflatter, 10Y 2.454%. TOKYO saw Japan’s Nikkei stock index +2.5% in catchup with US rise, pressuring Tsys mildly. Early Asia saw Asian real$ and bank portfolios selling 2Y Tsys, foreign...
