21/11/2019

Market Update US tsys trading lower, paring earlier losses, 10Y 1.76% (+1.2bps), heavy volume in TY futures mostly due to Dec/Mar roll. Initial risk-on after comments from China Morning Post that US may delay Dec 15th tariffs. S&P futures +3.5  UK gilt yields...

20/11/2019

Market Update US tsys trading higher, yields 3-5bps lower with the 10Y 1.74% (-4.5bps), risk off tone after US Congress passed Hong Kong bill in support of protest, which drew rebuke from China. WSJ article said trade talks between the US and China have stalled as...

19/11/2019

Market Update US tsys trading slightly lower, 10Y 1.815%, TY futures drifting lower in narrow range on low volume (275k). Equity futures higher (S&P +7.75, Nasdaq +0.40%) despite Home Depot being down 4% pre-mkt after missing on revenues and cutting its full year...

18/11/2019

Market Update US tsys moving higher as 10Y  1.82% (-1.5bps), volume in TY futures picking up after an avg o/n session (now 465k) as equities pullback from  record highs on rumours that China would delay talks on trade due to the impeachment hearings...

15/11/2019

Market Update US tsy yields 2-3bps higher, 10Y 1.835% (+1.5bps), on avg volume in TY futures (350k), risk on tone with US Commerce sec Ross saying a US-China trade deal will be reached ‘in all likelihood’, while Kudlow said deal is ‘coming down to short strokes’....