03/11/2017

Market Update Tsys open slightly weaker pre Oct payrolls, Us 10Y 2.35%, low volume in TY futures (22k), narrow overnite range. Very little movement in EGBs as well, UK gilts weighed by better than expected UK service PMI for Oct (55.6 vs 53.3), also profit taking...

02/11/2017

Market Update US tsys higher, 10Y 2.36 (-1.3bps), rising with gilts after the BOE hiked rates to 0.50%, heavy volume in TY futures (>375k). Focus on Trump announcement of Powell as Fed chair as well as tax cut/reform bill later today. Tsys higher in Asia even as...

01/11/2017

Market Update Tsys weaker, near overnight lows after stronger Oct ADP (235k vs 200k exp), 10Y 2.395% (+1.8bps) before ISM & FOMC later. European equities higher for a fifth day to the highest in more than two years, S&P futures up 9.5pts, crude extending rally...

31/10/2017

Market Update US tsys slightly lower, flatter, 10Y 2.374%, on above avg volume in TY futures (370k). Prices fairly flat in Asia but faded in Europe with EGBs, gilts lower despite weaker Eurozone inflation data, thou flows light with Germany out for one day holiday....

30/10/2017

Market Update Tsys little changed , 10Y 2.40%, on heavy volume in TY futures (>400k). Busy week ahead with FOMC decision Wednesday and Oct payrolls Friday. The next Fed chair is also expected to have announced this week. Payrolls are forecast to have risen 300k...