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So far Michael Colman has created 124 blog entries.

ITC US 10y Note Auction Preview

USTs: At 13:00ET/18:00BST, the Treasury will auction $24bn re-opened 1.625% 8/15/2029s General Views: This week’s supply has been complicated by the looming US/China trade talks and the numerous headlines related to the negotiations. This backdrop may underpin demand for safe assets but makes set-up more difficult and may limit participation at the margin

By |2019-10-09T15:14:36+01:00October 9th, 2019|

ITC – Euribor, EGBs, Gilts and OTC Evening Recap: DMO considers, DMO rejects

Main Highlights: - China narrows scope of US trade talks - BBG - German Aug factory orders contract 0.6% m/m vs -0.3% exp - Greece to tap 10y, UK DMO looks at and then dismisses long dated Gilt tender this week

By |2019-10-07T17:19:53+01:00October 7th, 2019|

CFTC positions June 25th: AMs shed some long-end duration in the post-FOMC

CFTC positions June 25th: AMs shed some long-end duration in the post-FOMC: Data captures the sharp rally out of the dovish June FOMC meeting. The curve bull steepened aggressively as 2y yields dipped below 1.70% as the market moved to price in ~35bps cut in July. 2s10s steepened to a 28-30bps range while 5s30s broke above 80bps.

By |2019-07-01T08:56:58+01:00July 1st, 2019|

ITC – BoE June Meeting Preview: Almost Nothing To See, Move Along

On Thursday at 12:00 BST, BoE will issue Policy Decision Current Policy: Bank Rate: 0.75%; Asset Purchase Programme: £435bn; Corp Bond Purchases: up to £10bn In Brief: -Analysts surveyed by BBG unanimously expect no change in policy rates -No change expected on QE programmes

By |2019-06-20T10:31:38+01:00June 20th, 2019|
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