30/10/2015

Market update US tsys trading lower despite in line ECI, weaker per inc/spending data, US 10Y 2.175, curve ~2bps flatter. Month end index extension in the Barclays Tsy index (0.10yrs) should provide some support and could exert further flattening pressure. Core EGBs...

29/10/2015

Market update US tsys trading extending o/n declines despite weaker Q3 GDP (1.5 vs 1.6) & core PCE (1.2 vs 1.4) – US 10Y 2.115 (+1.5bps), curve steeper longs giving back ~1.5bps of yest post FOMC flattening. Asian CB buying tsys across the curve overnite (MNI),...

28/10/2015

Market update US tsys trading slightly higher , TY futures traded in 3 tick range overnite on low volume before FOMC this aft – US 10Y 2.03 (-0.5bps), curve 1bp flatter led by longs. Euro stocks higher, USD weaker and Euro govt bonds in bull flattener on Riksbank QE...

27/10/2015

Market update US tsys trading higher, US 10Y 2.03 (-2.7bps) after weaker Sep Durable Goods (-1.2 vs -1.5, ex trans -0.4 vs 0.0). Tsys also supported by sharp gains in German 10Y bunds as bund fut hit new highs after ECB Nowotny comments on inflation. European equities...

26/10/2015

Market update US tsys trading sharply higher in NY trading, curve ~ 3 bps flatter as longs outperform along with flattening move seen in German bunds. US 10Y 2.06% (-3bps), 10Y tsy/bund spd 157 highest since August 4th. Bunds were lower on better than expected IFO...