14/01/2016

Market update US tsys higher, 10Y 2.093 (-1bp), curve 2bps steeper led by 5Y, maintain gains after i. US yields briefly touched yest post Beige book lows before stocks reversed higher. Core Euro bonds also higher with flight to quality bid as crude fell to new lows...

12/01/2016

Market update US tsys trading lower, US 10Y 2.195 (+2bps), curve 1bp flatter as short end underperforms before $24bln 3Y note auction this aft. European equities ~2.0% higher led by exporters with crude slightly higher after plunging ~3.0% to the lowest since 2003....

11/01/2016

Market update US tsys trading lower, US 10Y 2.16 (+4.3bps) as European equities reverse losses despite a ~6% plunge in China stocks & lower crude. Tsys were weaker o/n with German bunds before rebounding somewhat in European trading. Some concession building in...

08/01/2016

Market update US tsys lower curve steeper led by 5s (+3.5bps) after much stronger than expected  non-farm payrolls (275k vs 201k exp), US 10Y 2.185 (+4bps). European stocks mixed, but CSI Comp +2.0% on state buying according to story in FT (see below)& PBOC...

07/01/2016

Market update US tsys opening higher again this morning on China turmoil (China comp -7.0%, decline in China currency) but have since given up most of the o/n gains, with the US 10Y @2.17% after falling to as low as 2.12 o/n. Tsys pressured in early NY trading on...