|
News For NOSYMBOL From The Last 14 Days Check below for free stories on NOSYMBOL the last two weeks. |
|
|
| May 8, 2013 |
| 14:06 EDT |  | | Averages drifting in positive territory
 Subscribe for More Information |
|
| 13:25 EDT | | | U.S. Wholesale Trade Preview
Subscribe for More Information |
|
| 13:20 EDT | | | Treasury Action: yields bounced from lows on 10-year auction results
Treasury Action: yields bounced from lows on 10-year auction results, which came in shy of expectations and caught the bond market leaning the other way after the more bullish run earlier following option and real money positioning. The current T-note yield rebounded from 1.75% lows to clear 1.77%, compared to the 1.81% award rate on the new notes and earlier highs of 1.80%. |
|
| 13:10 EDT | | | Treasury's $24 B 10-year refunding auction was quite disappointing
Subscribe for More Information |
|
| 13:02 EDT | | | Week of 5/17 MBA Purchase Applications to be released at 07:00
Subscribe for More Information |
|
| 12:55 EDT | | | Treasury Option Action: bullish positioning accompanied the rebound
Treasury Option Action: bullish positioning accompanied the rebound in underlying 10-year futures, according to sources. This included "purchases of 6k in Jun 134 calls, 10k in Jun 135 calls and 3.6k in Jun 133/133+/134 call butterflies." Also bullish were "sales of 4k in Jul 132+ puts, 4k in Jun 132 puts and 10k in Jun 131/132 put spreads." It would appear that the options market is betting recent post-payrolls ranges will hold, as analysts head into the 10-year auction results shortly. Jun 10s are 6.5-ticks firmer near 132-265, compared to their 132-27 to 132-17 range, while the T-note yield stalled at 1.80% and reversed to 1.75%. |
|
| 12:45 EDT | | | Treasury 10-year auction preview:
Subscribe for More Information |
|
| 12:20 EDT | | | G7 to review demand, growth in Japan
Subscribe for More Information |
|
| 12:15 EDT | | | Fed's Fisher said fiscal policy is the main culprit
Fed's Fisher said fiscal policy is the main culprit behind the failure of the FOMC's massive stimulus to boost the job market, in a CNBC interview. He noted businesses cannot make decisions under the fog of fiscal policy, not knowing what tax and spend policies will be, what healthcare costs will be, or what regulations will be in place. On QE, the Dallas Fed hawk reiterated there is no QE infinity. There must be limits. , still not seeing transmission of ultra accommodation to job market. Why not job creation....? Answer: fiscal policy, cannot make decisions under uncertainty. total fog from fiscal policy. don't know what taxes, spending, cost of health care, etc. Won't see kind of growth analysts want until Washington "get's its act together." Fed exit: No central bank has experience to navigate back home from where analysts are now. Need practible limits, can't go on forever. there is no QE infinity.... theoretically how analysts can exit, but how do you get it done is the real question. For instance flow basis...buying neaerly 90% of MBS, but how do you sell them, do you sit on them. before talk about exit, question is do analysts continue the $85 B pace of purchases. would taper be more towrd mbs or tsy, fish thinks it should be via MBS. at risk of overkill. accumulating too much, what are analysts going to do with it?Dodd Frank likely to be reformed...premise and purpose of the legislation, too big to fail, has yet to be solved...dood frank way to far, way to complicated. |
|
| 11:35 EDT | | | FX Action: USD-CAD slipped to lows just under 1.0020
Subscribe for More Information |
| |
| 11:15 EDT | | | NY Fed bought $3.646 B in notes
NY Fed bought $3.646 B in notes with maturities ranging from February 15, 2019 through April 30, 2020. Treasuries have climbed to their highs of the session, in tandem with gains in Bunds, while stocks also rebound. The 10-year yield is down 2 bps to 1.76%. |
|
| 10:30 EDT | | | Crude Inventories for the week of May 3
Subscribe for More Information |
|
| 10:09 EDT | | | Averages open lower, turn mixed in early trading
Subscribe for More Information |
|
| 10:00 EDT | | | PIMCO's Gross at Twitter again:
Subscribe for More Information |
|
| 09:35 EDT | | | Treasury Action: Treasuries have erased overnight losses
Subscribe for More Information |
|
| 09:32 EDT |  | | CBOE Volatility Index VIX is recently up 2c to 12.86
Subscribe for More Information |
|
| 09:30 EDT | | | Euro$ interest rate futures are roughly flat
Euro$ interest rate futures are roughly flat after easing back a bit so far this week following brighter data and historic highs on blue chip stocks. Today's start is a bit more subdued, though data in China and Europe was better. The Jun 2013 contract is a half-tick lower, while deferreds are flat to 0.5-ticks lower. 3-month dollar Libor was again fixed steady at 0.2751%, while the Libor/OIS spread held at +15 basis points, giving away little on the rate front. In options, sources reported a bearish "purchase of 4k in Sep 90/92/93/95 put condors." |
|
| 09:15 EDT | | | Treasury Option Action: a NOB flattener
Subscribe for More Information |
|
| 09:10 EDT | | | Treasury 10-year auction outlook:
Subscribe for More Information |
|
| 09:00 EDT | | | FX Action: USD-CAD remains inside of painfully narrow ranges
FX Action: USD-CAD remains inside of painfully narrow ranges, managing just a 1.0040-60 band since the North American close on Wednesday. Bids remain at 1.0020, with option barrier defense expected ahead of 1.0000. The risk backdrop is fairly neutral, and currently offering few leads for the CAD. |
| |
|
|
|
|
