EQUITIES: BBVA Outright Put Option

May-29 13:16

BBVD (19th Sep) 7.5p, bought for 0.6 in 4.9k.

Historical bullets

BONDS: Yesterday's High In TY Futures & Low in U.S. 10-Year Yield Limit Rally

Apr-29 13:15

Yesterday’s high in TY futures & low in 10-Year Tsy yields held during the initial bond rally that followed the White House critique of Amazon and subsequent sell off in equities, limiting the wider bond rally.

US TSY FUTURES: BLOCK: Large Jun'25 2Y/10Y Ultra-Bond Flattener

Apr-29 13:13
  • Large curve flattener Block crossed at 0852:04ET, runs counter to better steepener flow last several sessions:
  • -39,400 TUM5 103-29, sell through 103-29.62 post time bid vs.
  • +17,000 UXYM5 114-08.5, bough through 114-08 post time offer
  • Appr DV01 $1.5M

EQUITIES: Lower After White House Comments On Amazon

Apr-29 13:06

S&P 500 e-minis hit fresh session lows after White House Press Secretary Leavitt accuses tech giant Amazon of acting in a hostile manner towards the Trump administration (in light of its intentions to label price increases linked to tariffs), while playing up the company's linkages to China. The contract continues to operate comfortably within yesterday's range.