18/09/2017

Market Update US tsys trading lower, narrow overnite range on very light volume in TY1 (146k), 10Y 2.213% (+1bp). S&P futures +3.5pts, European equities up 0.40%, crude 49.63 unch.  Core EGBs also lower, German bund yields 1bp higher, gilts outperforming slightly,...

15/09/2017

Market Update Tsys lower, yields 0.5-2bps higher, 10Y 2.20% (+2bps), with European equities flat, S&P futures -1.5, crude unch after rallying above $50 yest . Tsys lower overnite with no reaction to latest N. Korea missile launch and terrorist bombing in London....

14/09/2017

Market Update Tsys lower, extending declines in recent trade after BOE policy announcement and hawkish minutes, market discounting threats from N. Korea to ‘sink Japan and reduce US to ashes’ –  US 10Y 2.208 (+2bps). Tsys traded in narrow range overnite until...

13/09/2017

Market Update Tsys unch, 10Y 2.167%, low volume in TY futures o/n (~230k), with core European bonds underperforming slightly on supply, 10Y bund 0.403 (+0.5bps).  Germany sold ~E2.5bln 10Y bunds at 0.39% with a b/c 1.6x vs 1.3x August 23rd. Bund futures lower with a...

12/09/2017

Market Update Tsys lower, lower end of overnight range , US 10Y 2.143 (+1bps), equities firmer (S&P futs + 4), gold weaker, crude unch (48.10), while the USD is higher for a second day. Tsys were  pressured in European trading, as Dutch 10Y auction weighed as did...