by admin | Mar 17, 2017 | comments, Uncategorized
Market Update US Tsys prices open NY mixed after overnight range then creep higher in price since about six am ET, then recent profit-taking; cash 10Y note is at 2.530%, vs. recent low yield notched at 2.517%. More Tsys pressure rate-hike rhetoric from ECB’s Nowotny....
by admin | Mar 16, 2017 | comments, Uncategorized
Market Update Tsys open NY weaker after Wed post-FOMC rally. FOMC lifted rates by 25bps. However, the Fed dot plot projections showed forecasts for 2017 and 2018 were unchanged from December. Tsys near low end of range, cued by lower Bunds and Gilts. Overnight rates...
by admin | Mar 15, 2017 | comments, Uncategorized
Market Update Tsys drifting lower after firmer 8:30 US data , 10Y 2.584(-1.6bps) – Feb retail sales came in as exp but large upward revision to Jan, CPI 0.1% vs 0.0% exp., stronger Empire Man. Modest volume in TY futures overnite as mkt awaits FOMC decision this aft....
by admin | Mar 14, 2017 | comments, Uncategorized
Market Update Tsys higher, yields 1-2bps lower, curve flatter, 10Y 2.606% (-2bps), S&P futures lower and crude below $48 on news OPEC raised output above 10mln bbls/day in Feb. Bund yields lower after the 10Y briefly went above 0.50% for the first time since...
by admin | Mar 13, 2017 | comments, Uncategorized
Market Update Tsys trading lower, yields 1-1.5bps higher with the 10Y 2.59%, prices pressured lower in transition to NA trading as S&P futs are now positive thou crude is down for a 5th day 48.30 after falling below 48 earlier. FOMC decision the highlight for the...
by admin | Mar 10, 2017 | comments, Uncategorized
Market Update Tsys off the lows after payrolls came in above exp 235k vs 200k exp yetaverage hourly earnings weaker 0.2% vs 0.3% and the unem rate unch 4.7% -the 10Y 2.576% vs 2.602% pre payrolls. Tsy prices slightly higher in Europe on weaker IP, Man Prod data out of...
