by admin | Mar 1, 2017 | comments, Uncategorized
Market Update Tsys sharply lower yields 3-5 bps higher wit the 10Y 2.435% (+4.3bps). Tsys fell to the lows of the o/n range after strong German CPI data and have accelerated lower despite less than expected Jan core PCE (1.9% y/y vs 2.0%). Selling started late...
by admin | Feb 28, 2017 | comments, Uncategorized
Market Update Tsys trading unch yet off the lows after weaker Q4 GDP (1.9% unrevised vs 2.1% exp), curve ~1bp flatter, US 10Y 2.358 (-0.7bps), equity futures slightly lower, crude -0.28% @ 53.90. Mkts await Trump speech to Congress tonite. Dallas Fed Kaplan on CNBC ...
by admin | Feb 27, 2017 | comments, Uncategorized
Market Update Tsys midly weaker , narrow o/n range , decent volume in TY futures (335k), US 10Y 2.33 (+2bps). No reaction to stronger than Core Euro bonds weaker as well, yields 1-2 bps higher, 10Y bund 0.198%. French yields lower for a fourth day, poll suggest Le...
by admin | Feb 24, 2017 | comments, Uncategorized
Market Update US tsys higher, yields another 1-2bps lower, with the US 10Y 2.358% (-1.8bps) in follow thru to yesterday’s ‘risk off’ rally. European stocks are off 1.4% , the USD index is lower for a third day, while crude is trading below $54, down 0.86%. Tsys were...
by admin | Feb 23, 2017 | comments, Uncategorized
Market Update US tsys firmer, yields 1-2 bps lower led by the 7Y , longs lagging. Tsy sec Mnuchin interviewd on CNBC said tax reform is a priority, yet wont impact economy until next yr. Mnuchin also daid it ‘makes sense’ to look at issuing a 50 year tsy bond. US tsy...
by admin | Feb 22, 2017 | comments, Uncategorized
Market Update Tsys firmer, curve flatter with the long end outperforming, yields 1-2bps lower, with the 10Y 2.411 (-1.8bps). Heavy volume in TY futures (508K) with a slight fade in Asia and rally in Europe on safe haven buying related to French election and weaker...
