Rates

Interest Rates Report

Interest Rate Futures Huge Swing Up, Then Down, Then Another Missile Hit?

Albert Marquez
January 8, 2020
Futures experienced big ranges as the situation in the Middle East escalated overnight. Huge ranges, especially in Reds & Greens with many contracts experiencing 18 tick swings.
Interest Rates Report

Interest Rates Markets Shrugged Off Better Than Expected ISM Non-Manufacturing Report

Albert Marquez
January 7, 2020
Rates markets shrugged off a better than expected ISM Non-Manufacturing number as the focus remains on geopolitical issues and the upcoming NFP number on Friday.
Interest Rates Report

Rates Traders Look For Continuation Of Recent Themes

Albert Marquez
January 6, 2020
The first “real” trading day was met with little enthusiasm. Futures trade in a 5-6 tick range for most contracts. No real economic news as markets continue to monitor the situation in the Middle East and look forward to unemployment numbers at the end of the week.
Interest Rates Report

Huge Option Skew Moves In Eurodollar Front Months (EDU2020)

Albert Marquez
December 18, 2019
After touching session highs before the pit open, we saw a very orderly drift down in futures. No economic news and no Twitter bombs!
Interest Rates Report

Eurodollar Rate Volatility At Bottom Of Recent Range

Albert Marquez
December 17, 2019
A slow overnight led to an equally uninspiring day session. Strong housing numbers edged futures lower. Most contracts had a 3.5-4.5 tick range.
Interest Rates Report

Interest Rate Recap: Tweet Sensitivity #Trumps Economic Data

Albert Marquez
December 12, 2019
Once again, the biggest move of the day came on the heels of a Trump tweet. Quiet overnight led into the pit open. Less than favorable economic numbers moved futures higher.
Interest Rates Report

Interest Rate Recap: FOMC Dot Plot Shows No Cuts For 2020 - Zzzz

Albert Marquez
December 11, 2019
Another Fed day, which means minimal activity up to the afternoon announcement. And with an uninspiring release, not much was added late in the session.
Interest Rates Report

Interest Rate Recap: Whale Traders Focus On Upside Option Structures Post NFP

Albert Marquez
December 6, 2019
The relatively quiet overnight session was interrupted by blowout employment numbers, which moved futures swiftly lower.
Interest Rates Traders Interest In SOFR Futures

Interest Rate Traders Position SOFR Futures Ahead Of Year End Turn

Futures Magazine
December 4, 2019
SOFR futures positioning ahead of year-end turn drives record OI. SOFR is a logical replacement for Libor futures after the end of 2021, when regulators have called for its replacement.
Interest Rates Report

Interest Rate Recap: Massive Moves Higher In Eurodollar Prices, Option Volatility Soars

Albert Marquez
December 3, 2019
Quiet overnight session disrupted by China trade talk headlines. Trump signaled a willingness to move forward with the tariffs if a deal isn’t struck by the mid-December deadline.