July 28, 2021 Headlines

July 28, 2021 Headlines Risk markets are recovering some of yesterday’s losses in relatively quiet trading ahead of the FOMC later today. Treasury yields are 2-3 bps higher out the curve, and U.S. equity futures are flat to slightly higher following mixed earnings...

July 27, 2021 Headlines

July 27, 2021 Headlines A growing selloff in Chinese equities leaked into U.S. markets overnight, pushing long-end Treasury yields 4 basis points lower from yesterday’s close. Hong Kong’s Hang Seng stock index fell more than 4% as rumors swirl that that U.S. could...

July 26, 2021 Headlines

July 26, 2021 Headlines A modest risk-off tone developed overnight on reports of fresh crackdowns on private industry by the Chinese government, this time focused on private education. Treasury yields are slightly lower and flatter, and equity futures are pointing to...

July 23, 2021 Headlines

July 23, 2021 Headlines Strong earnings reports are bolstering equity futures this morning ahead of the open, and the improved risk tone and anticipation of new supply next week is driving Treasury yields slightly higher/steeper. Beyond new Treasury supply, market...

July 22, 2021 Headlines

July 22, 2021 Headlines Equity and bond prices are both higher this morning following a relatively quiet overnight session with Tokyo closed. Futures on both the Dow Jones and S&P 500 are up 0.13% on the back of rosy earnings expectations. Treasuries held steady...