by admin | Feb 21, 2017 | comments, Uncategorized
Market Update US tsys lower, prices at overnite lows on heavy volume in TY futures(488k), Us 10Y 2.456(+4.,1bps). Fed Harker saying would not rule out March rate hike if PCE warranted it in interview with MNI. Core Euro bonds sharply lower, yields 2-3bps higher after...
by admin | Feb 17, 2017 | comments, Uncategorized
Market Update US tsys moving sharply higher, yields 2-4 bps lower with the US 10Y @ 2.40% (-4.6bps) and the curve 2bps flatter., brisk buying starting in Asia according to MNI, heavy volume in TY futures (485k ). Core Euro bonds also higher, flatter, peripherals...
by admin | Feb 16, 2017 | comments, Uncategorized
Market Update US tsys trading higher, yields 1-2 bps lower with longs lagging on the curve & the US 10Y 2.474 (-2bps). Prices off the highs after Feb Phili Fed surged to 43 vs 18 exp., thou Housing Starts were weaker -2.6% vs unch exp. European govt bonds higher,...
by admin | Feb 15, 2017 | comments, Uncategorized
Market Update US tsys opening weaker,US 10Y above 2.50% with prices accelerating downwards after 8:30 data : CPI came in double exp , the largest m/m increase since Feb 2013 at 0.6% vs 0.3% exp. Empire also much stronger 18.7 vs 7.0 – prices paid rose to 37.8 the...
by admin | Feb 14, 2017 | comments, Uncategorized
Market Update US tsys slightly lower, 10Y 2.44% , little reaction to stronger than exp PPI. Mkt awaits 10am Fed Yellen semi annual testimony. Narrow three tick range in Ty1 on low volume (250k). Last nite Dallas Fed Kaplan advocated removing accommodation sooner...
by admin | Feb 13, 2017 | comments, Uncategorized
Market Update US tsys opening NY trading weaker, curve steeper with the 10Y note 2.44 (+3.4bps) . Nothing on the calendar today, mkt awaits Yellen semi-annual testimony tomorrow, PPI & CPI as well. JGBs lower, Japan Q4 GDP rose for the fourth straight quarter @...