Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
US TSY/RECAP: Tsys extended to fresh highs late in the day on Wednesday, with
T-Notes closing at/near session highs, operating on decent volume, with the
belly of the curve outperforming in cash trade.
- T-Notes moved to fresh highs on the FOMC statement, as the Fed's removal of
"accommodative" drew buyers, in spite of the FOMC implementing the widely exp.
25bp hike. The lack of outright hawkishness in the statement/press conference
drew a 2nd wave of demand (after a quick retrace lower), even though Chair
Powell was quick to play down the removal of "accommodative" from the s'ment,
saying this does not signal a change in pol. Powell reiterated pol is still
accommodative & noted that overall fin'l conditions remain accommodative. Some
support may have be drawn from month/quarter end re-allocation weighing on
stocks/supporting Tsys, while Fed Chair Powell noted that that "by some
valuation measures, stocks are high historically."
- Focus Thursday switches to U.S. durable goods data & addresses from Fed's
Powell & Kaplan.
- T-Notes last 118.26+, U.S. 10-Year cash Tsy yields closed at 3.048%.