US Dollar (USD)

USD Swaps: 10y 100-day MAVG eyed; Follow through?

The strong bear steepening threw markets for a loop and sources wonder, what if any follow through, may come as the 10y rests at the 100-day MAVG.

USDi: BEs’ newfound attitude supports 10y TIPS auction

BEs adopted a newfound attitude after the Fed ruined the day yesterday, lending solid support to today’s $14bn 10y TIPS reopening.

USD Vol: Gamma jumps with realizeds; Faded

Gamma was strongly bid with the jump in realized volatility amid today's strong bear steepening rate move. However, some offers have come in since.

EURi: Long forwards break 2% after 30y lifted; BTPei talk

Gains for the long end of the euro inflation curve following a 30y lift took forwards above 2%. Ahead, dealers are mostly positive about the BTPei.

USD Swaps: Bear steepening roars; 10y TIPS on deck; More ...

USTs are bear steepening in the wake of yesterday’s FOMC meeting ahead of today’s $14bn 10y TIPS re-opening. BofA’s FOMC view.

Non-linear SOFR First imminent - Are dealers ready?

The deadline for making non-linear products 'SOFR First' is imminent but are dealers - as well as brokers and end-users - ready for the switch?

USD Swaps: Hawks grow; Spreads wider; Fed reactions

The BOE and the Norges Bank added their cries to the hawks' chorus today. Banks give their reaction to the FOMC. Swap spreads are widerning

USDi: Fed’s more decisive taper talk scares BEs lower; 10...

The Fed/Powell’s more decisive taper talk at today’s FOMC decision scared BEs lower amid better RY selling. 10y TIPS auction now eyed.

USD Swaps: Powell flashes hawkishly; Curve pancakes

Powell gives an end date for tapering to mid next year. Sources wonder if the curve move has legs, considering the distance already covered.

USD Vol: Strong right to left move post-FOMC

The left side has popped higher while the right side was dipping in even prior to the FOMC. Post FOMC sources see some selling into the left side pop.