31/08/2016

Market Update US tsys rallying after ADP came in slightly above exp at 177k vs 175k with July revised to 194k from 179k, 10Y note 1.575 (+1bp). Tsys lower overnite in narrow range, rising off the lows in Europe. Fed Rosengren spoke of the risks in keeping rates too...

30/08/2016

Market Update US tsys lower, US 10Y 1.58 (+2bps), core Euro bonds higher led by 10Y UK gilts, German bunds also higher on lower CPI. Tsys mostly lower overnite on highe than avg volume, but cut losses after Fed Fischer admitted pace of rate increases depends on data. ...

29/08/2016

Market Update US tsys higher, recovering some of Friday’s late selloff, with the US 10Y 1.615 (-1.5bps), and longs outperforming. Prices rising off the lows despite July PCE core coming in @1.6% vs 1.5% exp and June Personal Spending revised higher to 0.5%.  Bear...

26/08/2016

Market Update US tsys/ GOCs slightly higher in another quiet overnite session as mkts await Fed Yellen’s speech at Jackson Hole at 10:00EST. US Q2 GDP in line with exp, the GDP deflator revised higher to 1.8% from 1.7%Fed Bullard on the tape saying inflation is low...

25/08/2016

Market Update US tsys moving lower after stronger Durable Goods after quiet o/n session and before Yellen speech at Jackson Hole. Light volume in TY futures (~252K), tsys lagging the decline in core Euro bonds despite weak German IFO confidence, the 10Y German bund...