05/11/2019

Market Update Tsys trading lower, the 10Y back above 1.80%, (1.82 +4bps) heavy volume in TY futures (512k) , risk on with S&P futures (+6.5) looking to extend record highs on reports Trump will drop existing tariffs on $112bln in Chinese imports, the Chinese...

04/11/2019

Market Update Tsys lower on below avg volume (<300k TY), 10Y  1.745% (+3.5bps),  with equity futures higher (S&P +14), crude extending Friday’s rally, up another 1.0% to 56.75, European stocks +1%. Continued progress on US-China trade , China FM...

01/11/2019

Market Update Tsys slightly higher , 10Y 1.68%, TY futures close to highs of o/n range on low volume (300k), equities higher (S&P +4) before Oct Payrolls (85k exp).  GM strike expected to distort data, subtracting overall figure by ~50k and adding 0.1% to...

31/10/2019

Market Update Tsys trading higher on ‘risk off’, 10Y 1.73% (-4bps), heavy volume in TY futures (590k). China said to have doubts over a long-term trade deal, S&P futures fell 13pts mid morning on the news but have since retraced 50% of the losses.  Sep Per...

30/10/2019

Market Update US tsys trading slightly higher led by the long end, low volume in TY futures (215k), US equity futures unch,  quiet conditions before FOMC decision this aft. A third rate cut is priced in for the Fed today, what will be in focus is outlook for...