Archive for October, 2009

Swap Spreads

Thursday, October 1st, 2009

Swap spreads are opening with very little change. The 5 year spread is the one benchmark which has moved and it is a basis point wider at 34. The 2 year spread is unchanged at 34 and the 10 year spread iss unchanged at 15 1/2. The 30 year spread is unchanged ...

IG 13 and Some CDS

Thursday, October 1st, 2009

- 5yr Life Insurance CDS: GNW 430/450 (unch), HIG 230/245 (unch), LNC 230/240 (unch), MET 225/235 (unch), PRU 210/225 (unch) - 5yr Snr Bank CDS: BAC 120/125 (+2), CITI 197/207 (+4), JPM 68/73 (unch), WFC 78/83 (unch) - 5yr Snr Broker CDS: GS 105/108 (+2), MS 137/147 (unch) - ...

Bullish Technician

Thursday, October 1st, 2009

By Cordell Eddings Oct. 1 (Bloomberg) -- Investors should buy 10-year Treasury notes before tomorrow’s payroll data after the yield broke out of a trading range and a momentum indicator signaled it has further to rally, according to RBC Capital Markets. A daily close for the 10-year yield below 3.31 percent represents a “bullish breakout” for ...

Libor

Thursday, October 1st, 2009

Today  0.28438 Yesterday 0.28688

Bond Market Open October 01 2009

Thursday, October 1st, 2009

Prices of Treasury coupon securities are posting very minimal changes in overnight trading. The yield on the 2 year note has increased a solitary basis point to o.95 percent. The yield on the 3 year note has also edged higher by a basis point to 1.23 percent. Each of the ...