16/10/2019

Market Update US tsys unwinding most of earlier gains on Brexit headlines, heavy volume (570k TY futures), yields 1-2 bps lower led by the 7Y , with the 10Y 1.75 (-2bps), UK gilts retracing yest losses as Brexit deal optimism fades, thou latest news on DUP accepting...

15/10/2019

Market Update US tsys higher on above avg volume (400k TY futures), 10Y 1.69% (-3.7bps). Equity futures higher, S&P +8, better results from JPM, J&J & BlackRock, thou Goldman Sachs missed Q3 est. German bunds higher, continuing from yest despite better...

11/10/2019

Market Update US tsys following UK gilts lower on key Brexit developments, US 10Y 1.71% (+4bps), heavy volume for 2nd day above 560k TY contracts. UK gilt yields 5-8bps higher on positive news after EU rep Barnier had constructive meeting with UK Brexit secretary...

10/10/2019

Market Update US tsys trading mixed, curve 1bp steeper with long end yields 1.5bps higher, 10Y 1.59%, heavy volume in TY futures (565k). Tsys initially rose in Asia on reports US-China trade talks would be curtailed, while it now seems China will seek a partial trade...

09/10/2019

Market Update Trading weaker across the curve, just off recent lows on moderate volumes (TYZ>325k), US/China trade headlines (soybean purchases, China open to partial trade deal despite tech blacklist) spurring risk-on move, equities firmer (ESZ9 +23.0). China is...