24/10/2017

Market Update Tsys down sharply in early NA trade on heavy volume, falling with bunds on stronger Euro PMIs & earnings (GM, MCD), US 10Y above 2.40% (2.41%, +4bps) for the first time since May. Bunds (10Y 0.477% +5bps) also heavy ahead of Thursday’s ECB meeting...

23/10/2017

Market Update Risk on trade in mkts has tsys on the backfoot, more than reversing yesterday’s rally with the 10Y 2.355 (+3.5bps) after the US senate passed the budget vote paving the way for tax reform. S&P futures +4.75, crude lower as US inventories rose and...

20/10/2017

Market Update Risk on trade in mkts has tsys on the backfoot, more than reversing yesterday’s rally with the 10Y 2.355 (+3.5bps) after the US senate passed the budget vote paving the way for tax reform. S&P futures +4.75, crude lower as US inventories rose and...

19/10/2017

Market Update US tsys higher on FTQ bid, heavy volume in TY1 futs (~450k) , US 10Y 3.312 (-3.4bps). S&P futs down -11.25 or 0.45% (the largest premkt decline since August 29th), gold rebounding slightly, crude down 1.25%. No reaction to stronger PHiliTsys rose...

18/10/2017

Market Update Tsys lower, yields 2-3bps higher, 10Y 2.33% (+3bps), equities higher (S&P fut +3.25), gold down for a third day, crude recovering from yesterday’s midday slide (52.06 +0.35%) after API data showed a large drop of 7.13mln bbls in crude oil inventories...