08/09/2016

Market Update US tsys under pressure, US10Y 1.55 (+1.2bps) after ECB decision to leave both its main rate and size of its Asset Purchase Program unchanged and leave the QE end date at March 17. Core Euro bonds sharply lower, 10Y yields 3-4bps higher since the ECB....

07/09/2016

Market Update US tsys slightly lower to unch, the US 10Y yield close to two week low @ 1.53%, prices close to yesterday’s post ISM highs. Fed Williams repeated his call for the Fed to raise rates ‘sooner rather than later’ in a speech in Reno yest....

06/09/2016

Market Update US tsys opening higher, curve slightly flatter, US 10Y 1.595 (-1bp). Tsys lagging the rally in core European bonds. Long term UK gilt yields 5bps lower ahead of BOE’s purchase operation in 15yr gilts this aft. German bunds higher led by longs amid lower...

02/09/2016

Market Update US tsys rising after payrolls rose a less than exp 151k last month vs 180k exp with AHE also weaker up 0.1%/2.4% y/y vs 0.2%/2.5%. Overnite saw long term JGB yields rise 6bps as the BOJ said ‘helicopter money’ was not in the cards, USDJPY close to one...

01/09/2016

Market Update Treasuries seep lower amid revised higher 4.3% 2Q unit labor costs vs. prelim 2.0% gain; 10-year note is now at 1.607%. Pressed on latest claims, curve extends bear steepener move. Flow pretty orderly so far, still have several second tier data points...