Euro$ interest rate options: bearish put spread demand Euro$ interest rate options: bearish put spread demand has been the main feature of early option trade in the short-dated rate contracts, with sources reporting "purchases totaling 100k in Green Sep 85/87 put spreads" by a large money center bank. The Sep 2013 contract is flat near 99.695, without much change further out the curve.
BofA/Merrill's Japanese rates strategist holds analyst/industry conference call Japanese Rates Strategist Shogo Fujita discusses the market reaction to the recent announcements from the Bank of Japan, as well as asset allocation shifts by Japan's largest portfolio investors on an Analyst/Industry conference call to be held on June 5 at 9 am.
Goldman's media analyst holds an analyst/industry conference call Media Analyst Drew Borst, along with Sharon Hartwell, Executive Director of Magid Generational Strategies at Frank N. Magid Associates, discuss how media consumption habits are changing and how it impacts the content ecosystem on an Analyst/Industry conference call to be held on June 6 at 11 am.
Treasury Action: the ho-hum ADP report Treasury Action: the ho-hum ADP report kept yields biased lower after equity weakness overnight revived a modest bid in bonds again, though the markets aren't treating the ADP too seriously yet. The T-note yield eased from 2.155% in Asia to lows of 2.11% in early NY and equities are poised for a moderately negative start, though there's plenty of data on tap to keep markets engaged.