22/03/2017

Market Update Tsys higher, yields 1bp lower with the 10Y 2.41 after dipping below 2.40 on heavy volume in TY futures (430k), Carry over from risk off  yest with S&P futures lower after Tuesday’s big declines. Uncertainty over Thursday’s health care vote , French...

21/03/2017

Market Update Tsys lower in risk on trade, yields 3bps higher, EGBs lower after polls show Macron beat Le Pen in TV debate last night. Gilt yields sharply higher on firmer Feb inflation figures – UK CPI 2.3% vs 2.1% exp. above BOE’s 2.0% target for the first time...

20/03/2017

Market Update Tsys trading slightly lower, yields 0.5bps higher across the curve, US 10Y 2.50%. Low volume in Ty futures as Japan mkt closed for holiday. Volume picked up after 7:30 on news UK will trigger article 50/Brexit talks. The GBP slid on the news, UK gilts...

17/03/2017

Market Update US Tsys prices open NY mixed after overnight range then creep higher in price since about six am ET, then recent profit-taking; cash 10Y note is at 2.530%, vs. recent low yield notched at 2.517%. More Tsys pressure rate-hike rhetoric from ECB’s Nowotny....

16/03/2017

Market Update Tsys open NY weaker after Wed post-FOMC rally. FOMC lifted rates by 25bps. However, the Fed dot plot projections showed forecasts for 2017 and 2018 were unchanged from December. Tsys near low end of range, cued by lower Bunds and Gilts. Overnight rates...