29/04/2016

Market update US tsys opening weaker, curve 2bps steeper, US 10Y 1.864 (+4bps) after core PCE came in as exp for March, EI @ 0.6% also as exp. Tsys lower overnite despite weaker stocks as commodities rose – gold up for a fifth day on huge stop loss buying fueled in...

28/04/2016

Market update US tsys moving lower after Q1 GDP came in lower than exp, but core PCE stronger – US 10Y 1.86 after reaching a low 1.815 in Europe. Tsys  rallying overnite  in follow thru to post FOMC move yest, heavy volume in TY futs (438K). Big move in JPY/USD after...

27/04/2016

Market update US tsys higher, curve steeper, US 10Y 1.92 (-1.5bps) on avg volume in TY futures. Big story overnite was huge miss in Aussie CPI with the headline down 0.2% vs 0.2% exp and the y/y rate falling to 1.3% from 1.7% yet most of the decline was attributed to...

26/04/2016

Market update US tsys trading slightly higher after Durable Goods came in weaker than expth the US 10Y 1.90 (-0.5bps), as European stocks & commodities ex crude higher, core European bonds are lower & steeper weighed by supply. The US auctions $34bln in 5Y...

25/04/2016

Market update US tsys trading slightly higher & flatter with the US 10Y 1.86 (-2.1bps), avg volume in TY futures, global stocks lower, crude 1.0% lower, EUR & JPY higher. JPY higher prior to this Thursday’s BOJ meeting where the central bank is expected to...