Posts by: Marc Nemenoff

Financials: June Bonds are currently 18 higher at 154’01, 10 Yr. Notes 7 higher at 127’19 and 5 Yr. Notes 3 higher at 119’30.5. The June 10 Yr. German Bund is 83 higher 154.34. Comments by the ECU suggest that during the next couple of months they will be front loading their quantitative easing in [...]

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Financials: June Bonds are currently 1’08 higher at 154’08, 10 Yr. Notes 10 higher at 127’23 and 5 Yr. Notes 3.5 higher at 120’03.7. June German Bunds are 66 higher at 153.36. We have pretty much been on the sidelines the last few sessions having covered short biased positions earlier in the week. As mentioned [...]

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Financials: June Bonds are currently 1’22 lower at 151’16, 10 Yr. Notes 15 lower at 126’13 and 5 Yr. Notes 6 lower at 119’10. German Bunds are 150 lower at 152.63. Rates have edged higher just about globally overnight as the market is worried about an uptick in inflation and also will Greece be eligible [...]

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Financials: June Bonds are currently 19 higher at 156’18, 10 Yr. Notes 15 higher at 127’27 and 5 Yr. Notes 9 higher at 119’28. June Bund is unchanged at 154.00. This mornings Job Report showed an increase in non-farm payrolls of 123,00, in line with expectations. Last months number was revised downward from 126K to [...]

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Financials: June Bonds are currently 16 lower at 155’18, 10 Yr. Notes 4 lower at 127’10 and 5 Yr. Notes fractionally lower at 119’20.5. June Bunds are 40 lower at 154.45. The monthly ADP private sector jobs report showed an increase of 169,000 jobs vs. expectations of 205,000. This disappointing number rallied these financials from [...]

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Financials: June Bonds are currently 1 lower at 157’19, 10 Yr. Notes 2 lower at 127’23 and 5 Yr. Notes 1 lower at 119’26. June German Bunds are 50 lower at 156.20. If you remain short the Bund either take profits or lower your protective buy stop from 158.30 to 157.60. We have taken profits [...]

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Financials: June Bonds are currently 5 lower at 159’20, 10 Yr. Notes 5.5 lower at 128’11 and 5 Yr. Notes 4 lower at 120’03. German Bunds are 51 lower at 157.22. If you remain short Bunds either start taking profits or lower your protective buy stop from 158.90 to 158.30. We are taking profits on [...]

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Financials: June Bonds are currently 1’08 lower at 160’07, 10 Yr. Notes 5.5 lower at 128’25 and 5 Yr. Notes unchanged at 120’12.5. German Bunds are 115 lower at 158.12. The GDP number this morning was a disappointing 0.2% vs. expectations of 1.0%. If you took Monday’s recommendation to go short the Bund either take [...]

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Financials: June Bonds are currently 66 lower at 162’12, 10 Yr. Notes 3 lower at 129’09.5 and 5 Yr. Notes 2.7 lower at 120’17.7. On Wednesday 1st. quarter GDP will bew announced, currently estimated at 1.0% with many analysts predicting a touch below that number. We also have a 2 day FOMC meeting this week, [...]

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Financials: June Bonds are currently 29 higher at 164’22, 10 Yr. Notes 6 higher at 129’23 and 5 Yr. Notes 3 higher at 120’22. The prospect of a near term default on Greek debt has rallied the Bonds in a flight to quality. There is also talk of upping the Fed target for inflation to [...]

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Financials: June Bonds are currently 17 lower at 163’20, 10 Yr. Notes 2 lower at 129’20 and 5 Yr. notes fractionally lower ar 120’23. I’m still hesitant to take a position in either Bonds or 10 Yr. Notes with the German 10 Yr. trading at a yield of 0.07%, only 7 basis points from 0% [...]

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Financials: June Bonds are 14 higher at 163’29, 10 Yr. Notes 4.5 higher at 129’04 and 5 Yr. Notes 1.7 higher at 120’10. The lack of significant inflation may push %interest rates slightly lower for the moment. We are taking profits on the long 5 Yr./short 10 Yr. Spread. At the moment I am looking [...]

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