14/12/2015

Market update US tsys opening lower , curve ~2 bps flatter US 10Y 2.16 (+3bps). Oil fell below $35 on supply worries as Iran expected to boost exports (see above). Global stocks weaker, except Shanghai comp which rose 2.5%.  Short end of US tsy curve under pressure,...

11/12/2015

Market update US tsys opening higher US 10Y 2.20 (-3bps), with only slight pullback after better than expected readings on Nov Retail Sales & PPI. Weakness in crude as prices hit 2008 low, emerging mkt stocks down or 8th day. Core Euro bonds higher led by 10Y UK...

10/12/2015

Market update US tsys opening slightly lower, curve 1bp flatter after initial claims came in higher than exp, 10Y 2.215. Core Euro bonds higher on lower stocks, except Glencore which rose 10% on debt reduction plans.  Nikkei down for a 3rd day as exports hurt by surge...

9/12/2015

Market update US tsys lower, curve steeper, 10Y 2.247 (+2.8bps). Core Euro bonds lower despite weaker stocks. Little news o/n – potential merger of Dupont with Dow Chemical the highlight. China stocks higher, PBOC said to be weighing further stimulus as the Yuan fell...

8/12/2015

Market update US tsys trading higher, flatter US 10Y 2.206 (-2.2bps). Weakness in crude for a second day weighing on global equities, Euro stocks -1.4%. Core Euro bonds higher led by 10Y bunds. GOCs trading higher, outperforming tsys in the short end as the Cda curve...