05/10/2017

Market Update US tsys slightly lower, curve flatter, US 10Y 2.325%, on below avg volume in TY futures (172k). Mkt awaits Fed Governor Powell speech at 9:10 and Friday payrolls data.  Euro stocks slightly higher, crude below $50 on record high US exports last week....

04/10/2017

Market Update Tsys higher, yields 1-2bps lower, US 10Y 2.30 (-2bps). ADP employment rose 135k as expected last month. Fed Fischer said on BBG that low rates have been less successful than expected, while he still expects higher inflation.  Trump close to picking Fed...

03/10/2017

Market Update US tsys lower, 10Y yield higher for a fifth day, closing in on 2.35%, now 2.345%, on moderate volume in TY futures. Equities firmer (S&P futs +2.25), crude weaker (WTI -0.19 50.40).  Expect a muted session today with calendar empty , only Fed Powell...

02/10/2017

Market Update US tsys slightly lower, yields 0.5-1bp higher, US 10Y 2.343%, prices well of the lows of the o/n session, rallying since mid morning with European bonds, also Block trade in TY futures (7.35k) . UK gilts outperforming after lower than exp UK Man PMI....

29/09/2017

Market Update US tsys moving higher after lower August PCE (0.1% vs 0.2% exp) after quiet overnite session, US 10Y 2.30% (-0.5bps) , avg volume in TY futures (250k) after two heavy session s Wed & Thurs.  Core Euro bonds outperforming, bund yields 2-3bps lower...