by admin | Jan 3, 2017 | comments, Uncategorized
Market Update US Treasuries opened NY weaker, steeper after overnight slide began around 2am ET as UK markets reopened US Tsys after New Year’s holiday. US 10-year note is off 20/32 at 95-18, 2.511% yield, 2Y note is at 1.234%, 100-01/32; 5/30Y is mildly steeper...
by admin | Dec 22, 2016 | comments, Uncategorized
Market Update US Treasuries open NY narrowly mixed after bottoming out at 7:08am ET at 10Y price 95-05/32, 2.559% yield. Action wanes as extended Christmas holiday weekend approaches with early close Friday; volume below 50% of 10-day average. Quiet trade in Asia...
by admin | Dec 21, 2016 | comments, Uncategorized
Market Update US tsys little changed in narrow overnite range, US 10Y 2.562 (+0.4bps) . Tsys were bid higher in Europe on Italian/Spanish banking news, as Monte Paschi fell to a new low on concerns over a capital raise. Spanish banks will have to repay ~E4bln to...
by admin | Dec 20, 2016 | comments, Uncategorized
Market Update US tsys lower, yields ~2bps higher led by the 10Y @ 2.564 (+2.6bps). Tsys weaker after BOJ kept policy unch, USD/JPY +0.7%, after yesterday’s late day ftq rally on Berlin attack & shooting of Russian ambassador, thou thin volumes seen exacerbating...
by admin | Dec 19, 2016 | comments, Uncategorized
Market Update US tsys higher, yields 3-4bps lower with the 10Y 2.55 (-3.7bps) in thin volumes. Tsys higher in Asia on safe haven after China seized a US underwater drone. Core Euro bonds also higher thou volume in bund futures ~50% of recent avg., 10Y bund 0.287%...