06/06/2016

Market update Tsys opening lower/flatter, some p/t after Friday’s 8-11 bp rally, US 10Y 1.725 (+2.2bps). German govt bonds slightly lower, UK gilt curve steeper, GBP at three-week low after TNS UK poll showed majority wanting to leave the EU. EU periph spds wider, 10Y...

03/06/2016

Market update Tsys sharply higher yields ~5bps lower after very weak non-farm payrolls, ten year yields back to the lower end of three month range @1.73%, the short end seeing good volume50% odds of a rate hike in July. Core Euro bonds higher led by 30Y bunds after...

02/06/2016

Market update US tsys little changed after ADP, initial claims with the former on consensus @ 173k. yields ~1bp lower, US 10Y 1.83, volume in TY futures below avg. (235k). ECB left mon policy unchanged, Draghi press conference expected to go into more detail on corp...

01/06/2016

Market update US tsys higher with 10Y 1.823 (-2bps) before Ism Man at 10:00. German bunds higher, flatter on lower crude and ‘risk off’ following the latest OECD economic outlook. The OECD warned over risk from ‘Brexit’, cutting its forecast for 207 & 18 by 0.5%...

31/05/2016

Market update US tsys lower this morning, in follow thru to Yellen’s comments Fri afternoon saying it was appropriate for the Fed to raise rates in the coming months. Flows relatively light according to MNI, volume in TY futures   Core Euro bonds lower, curves...