30/09/2016

Market Update – Tsys open higher, US 10Y in risk off session as European stocks down 1.2% for a second day on more Deustche Bank concerns, Nikkei and HS down 1.0%. ING shares down 4.6% on reorg plans, DB off ~7.0%. The demand for US dollars has skyrocketed based...

29/09/2016

Market Update – US tsys slightly lower, yields ~1.5bps higher with the curve steeper, muted reaction to Q2 GDP rev/initial claims. Not much follow thru to late aft tsy selloff after OPEC deal to cap production in Nov.  Crude basically unch $46.95 Euro bonds in...

28/09/2016

Market Update – US tsys trading lower, just off the lows of the session, US 10Y 1.575 (+1.5bps),little reaction to better than exp August Durable goods taking their cue from selloff in core European bonds, with gilts and bunds both lower & steeper. Gains in...

27/09/2016

Market Update – US tsys opening higher, the 10Y yield lower for a sixth day 1.56% (-2.3bps) as early risk on tone in Asia quickly evaporated as European trading got underway.  European stocks lower led by financials & energy – Deutsche Bank down another 2.9%...