30/06/2016

Market update  US tsys slightly higher, recovering from earlier losses which saw the 10Y go above 1.54% after yesterday afternoon selloff, 10Y now 1.51%. GOCs higher, in line with tsys – both tsys/GOCs bid on drop in crude below $49, reversal in European equities....

29/06/2016

Market update  US tsys mixed, curve flatter US 10Y unch @1.47%, longs well bid for a second day, 10s30s 2bps flatter.  Global stocks higher with the Nikkei +1.59% and Euro stocks ~2%. Commodities higher – crude up another 0.65% after 3% increase yest on API data which...

28/06/2016

Market update US tsys lower, yields 2-4 bps higher, curve flatter with longs outperforming, US 10Y 1.477 (+3.7bps) vs 1.458 at the close yest. Euro stocks 2.7% higher, EU peripheral spds tighter led by Spain. Tsys fell in Asian on Asia real money selling, weakness in...

27/06/2016

Market update US tsys rallying hard for a second day, yields down 5-10 bps across the curve as the British pound fell below Friday’s post Brexit vote low 1.3250. The FTSE is off 2.0% led by a 7.7% decline in financials. Core European bonds sharply higher, UK 10Y below...

23/06/2016

Market update US tsy yields 2-5bps higher, curve 2bps steeper as European bonds decline, stocks rise on latest Brexit polls which show ‘remain’ firmly in the lead. Euro stocks up 2.0% led by banks with the Euro Stoxx bank index up 3.0%, its fourth straight up day....