24/03/2017

Market Update Tsys moving higher after Feb  Durable Goods ex transport came in below exp 0.4% vs 0.6%,  recouping overnight  losses in low volume session as mkts continue to await vote on health care bill in Us house. Equity futures up slightly, crude up 0.50%.  Core...

23/03/2017

Market Update Tsys slightly higher, yields 1bp lower , recovering overnite losses on uncertainty over ACA vote, low volume in TY1 futures, US 10Y 2.40%. Various Fed speakers this morning including Fed Yellen who did not comment on monetary policy – key health...

22/03/2017

Market Update Tsys higher, yields 1bp lower with the 10Y 2.41 after dipping below 2.40 on heavy volume in TY futures (430k), Carry over from risk off  yest with S&P futures lower after Tuesday’s big declines. Uncertainty over Thursday’s health care vote , French...

21/03/2017

Market Update Tsys lower in risk on trade, yields 3bps higher, EGBs lower after polls show Macron beat Le Pen in TV debate last night. Gilt yields sharply higher on firmer Feb inflation figures – UK CPI 2.3% vs 2.1% exp. above BOE’s 2.0% target for the first time...

20/03/2017

Market Update Tsys trading slightly lower, yields 0.5bps higher across the curve, US 10Y 2.50%. Low volume in Ty futures as Japan mkt closed for holiday. Volume picked up after 7:30 on news UK will trigger article 50/Brexit talks. The GBP slid on the news, UK gilts...