US Dollar (USD)

USD Swaps: ISM data keeps UST yields cascading lower; Dis...

Weak ISM data has kept the UST ally alive with yields cascading lower yet again today. BofA sees front-end dislocations dissipating.

USD Swaps: New month, same old swings; ISM next

With new issuance supply and market liquidity drying up faster than the Aral Sea, volatility remains the name of the game. Will ISM add to it?

USDi: BEs still stuck in bear steepening abyss at month-e...

With all the card stacked against it today, BEs continued falling into the bear steepening abyss today with little aid from month-end index demand.

USD Swaps: Risk-off as consumers clutch pocketbooks; Rich...

Weak consumer spending data has sparked recession fears again with USTs bid amid FTQ demand. Citi sees rich SOFR remaining for months ahead.

USDi: BE stuck in bear steepening spell as rebalancing co...

BEs remained under bear steepening pressure, extending their recent rout as rebalancing flows continue to pressure TIPS.

USD Swaps: Month end rally starts early

USTs rallied further this afternoon as the month end buying appeared to have an early start. Swap spreads widened in a low volume trade.

USD Vol: ULC dives in lower

The ULC cheapened up as much as 9 normals today, leaving bids scurrying. Some wonder if more cheapening is in store. Deutsche sees a ULC conundrum.

USD Swaps: USTs shift back into rally mode; 2s30s SOFR sp...

USTs have shifted back into rally mode against various crosscurrents. Barclays maintains 2s30s SOFR spread curve wideners.

USD Swaps: Gains pared on hawk talk; Fade SOFR dislocation?

USTs and Bunds have pared early gains after hawkish central bank comments. Meanwhile banks suggest fading the front end's dislocation.

USDi: Risk-off nemesis hits BEs again; Attractive valuati...

Risk-off sentiment once again hits BEs with valuations now looking attractive at the front-end to some.