Bonds - USD
USD Swaps: ASWs bounce despite fast money belly-selling; ...
Fast money selling after a week of steady gains failed to stop ASWs push higher today. Traders look at the NY Fed's reverse repo plans.
USD Swaps: Flatter; Bank bond issuance assessed
As traders in Europe struggle with spluttering feeds USTs are bull-flattening despite an OK performance by risky assets.
USD Swaps: Tighter; Faster, later Fed? Formosa
Swap spreads are tighter as deals arrive and the end of blackout comes nearer. Banks look for a faster, later Fed response.
USD New Issues: Volumes drop; $100bn expected for April
Only $9.5bn priced in IG last week, or less than half of what was expected. 3 IG issuers have announced thus far for today's business.
USD Swaps: Buying extends but bears still hungry
Quarter end buying has extended into today with the curve bull-flattening. However, bears lurk and continue to expect 2% 10y yields and elevated vol.
USD New Issues: IG carries on; Nomura, Jackson Financial ...
IG had seen $42bn price last week, but with Nomura pulling and Jackson Financial pricing then delaying the total dwindles down to $37bn.
USD Swaps: Flatter before supply; Rebalancing estimates
The Treasury curve is flatter in 2s/10s before 2y supply and testimony by Powell and Yellen. Strategists estimate the potential for PF rebalancing.
USD New Issues: Steady pace; Oracle leads slate
$30.75bn priced last week slightly under expectations. March has already exceeded, however. Oracle jumbo 6-part leads today's business.