12/02/2016

Market update US tsys opening lower, steeper, US 10Y 1.70 (+4bps) after Jan Retail Sales came in above exp, import prices fell less than exp. European equities higher, crude  up 5% above $27.50. Tsys pressured overnite with only a brief bounce on Nikkei decline (-5%),...

11/02/2016

Market update US tsys surging higher overnite, US 10Y 7bps lower @ 1.61% as equity mkts tumble, yen surged to 16mnth high vs USD. Tsys coming under pressure since ~8:00EST with prices falling further after initial claims fell 11k to lowest level in seven weeks. Euro...

10/02/2016

Market update US tsys opening lower, US 10Y 1.766 (+2bps) with curve slightly steeper, avg volume o/n in ten yr futs (428k vs 460k). Tsys rebounding on Fed Yellen comments that pace of rate hikes could be slowed, citing rising global risks. Tsys lower o/n with Euro...

09/02/2016

Market update US tsys yields higher on almost double the avg. volume in TY futures, US 10Y 1.73 (-2bps), after trading in a 9bp range o/n and hitting a low 1.68% in Asia trading. Tsys were bid in Tokyo with the Nikkei down 5.4%, 10Y JGBs trading below zero for the...

08/02/2016

Market update US tsys higher, 10Y  below 1.80% , 1.79 (-4.3bps) with crude below $30, European stocks -2.6%, peripheral spds wider led by Greece  (+42bps). No real catalyst for the ‘risk off’ session –MNI attributing selloff in crude to bearish comments from CEO of...