October 18, 2021 Headlines

October 18, 2021 Headlines The October bear flattening trend for the Treasury curve ratcheted up overnight on fresh hawkish comments from ECB and BoE leaders. The 2-year note yield is at 0.44%, up from 0.22% just prior to the September 22 FOMC meeting, and the 5-year...

October 15, 2021 Headlines

October 15, 2021 Headlines This week’s curve flattening trend in the Treasury market reversed somewhat overnight amid improved risk sentiment and anticipation of next week’s new supply. Long-end yields are up 3-4 basis points (bps) on the morning so far but still down...

October 14, 2021 Headlines

October 14, 2021 Headlines The belly of the curve is rallying this morning with 3yr to 5yr Treasuries 2 bps lower. Equity futures are up on the back of a better-than-expected jobless claims number and encouraging PPI numbers. 293,000 individuals filed for unemployment...

October 13, 2021 Headlines

October 13, 2021 Headlines Headline CPI growth was just above expectations in September at +0.4% m/m, boosted by higher energy and food costs. Excluding those categories, growth in the core index was in line with expectations at +0.2% m/m. On a year-over-year basis,...

October 12, 2021 Headlines

October 12, 2021 Headlines The Treasury curve is twisting this morning, with short and intermediate yields higher and long-end yields lower, and equity index futures are pointing to a slightly higher open for U.S. stocks. The House is scheduled to vote today on a...