MACRO ANALYSIS: MNI US Macro Weekly: Powell Widens Door To September Cut

Aug-22 16:58

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US TSYS/SUPPLY: WI 20Y Re-Open

Jul-23 16:57

Tsy futures remain weaker/near session lows (TYU5 at 111-01, -12) ahead of the $13B 20Y bond auction re-open (912810UL0) at 1300ET, WI is currently at 4.950%, .8bp cheap to last month's (small) tail.

OPTIONS: Schatz, Euribor / Sonia Call Structures Feature Wednesday

Jul-23 16:52

Wednesday's Europe rates/bond options flow included:

  • DUQ5 107.40/107.50/107.60 call fly paper paid 0.75 on 2K
  • DUU5 107.00/107.20/107.40 call fly paper paid 5.5 on 4K
  • ERZ5 98.25/37/50/62 call condor paper paid 3 on +6.5K
  • SFIZ5 96.60/96.85/97.10 call fly vs. SFIZ5 96.05 puts paper buys the puts back vs. selling the calls fly package trades for 1.00 & 1.25 on 10K

FED: US TSY 19Y-10M BOND AUCTION: NON-COMP BIDS $122 MLN FROM $13.000 BLN TOTAL

Jul-23 16:45
  • US TSY 19Y-10M BOND AUCTION: NON-COMP BIDS $122 MLN FROM $13.000 BLN TOTAL