22/03/2016

Market update Tsys opening higher in safe haven buying after attacks in Brussels, US 10Y 1.90 (-2bps). European stocks are ~1.0% lower, euro off slightly, US stocks futures higher. Core Euro bonds higher in led by the long end, but bunds off the highs on better than...

21/03/2016

Market update Tsys opening lower in quiet trading due to Japanese market holiday, US 10Y 1.89 (+1bp). Tsys pressured by higher Euro stocks even as crude is ~1.0% lower at $39.00. Latest CFTC COT report showed specs adding to shorts in the ultralong (new record short),...

18/03/2016

Market update Tsys opening slightly higher, giving up most of the early gains from the Tokyo session, US 10Y 1.89 (-1bp).  Core Euro bonds higher, flatter yey fading as crude (40.88 +1.6%), Euro stocks rise (40.88 +1.6%).  The USD index recovering somewhat (0.25%)...

17/03/2016

Market update Tsys higher, following thru on yest Fed inspired rally, US 10Y 1.88 (-3bps) & cpn curve unch. Prices off the highs after better than exp Phili Fed index (12.4 vs -1.5) marked by improvements in both new orders and shipments. Yest the Fed chose to...

16/03/2016

Market update Tsys moving lower after core CPI came in stronger for Feb (0.3 vs 0.2), Housing Starts also above exp. Core Euro bonds higher overnite, strong rally in JGBs after BOJ Kuroda told the  Japanese parliament that negative rates were possible, backtracking...