26/01/2016

Market update US tsys unch, yields on the rise as oil and stocks recover from earlier weakness – US 10Y 2.0% after falling to 1.96% in early European trading. WTI fell ~3.7% to $29.20 then bounced on DJ news that Saudi & Russia were more on oil cuts (BN). US...

25/01/2016

Market update US tsys trading higher, curve flatter on lower crude & stocks, US 10Y 2.033 (-2.3bps), curve ~3bps flatter as 2s are ~1bp higher in yield @0.88%. Dallas Fed only real eco data in the US today, but FOMC decision on Wed looms large thou there is no...

22/01/2016

Market update US tsys trading lower in spillover from yesterday’s risk on rally post Draghi, US 10Y 2.06 (+2.7bps), curve ~1bp flatter. Nikkei up 5.9% as expectations build for further BOJ stimulus – the JPY lower for a second day. US tsys rebounded somewhat in Europe...

21/01/2016

Market update US tsys slightly higher, curve unch, US 10Y 1.964 (-1.2bps) vs 1.94 yest low. ECB left rates unch as exp. Draghi press conf likely to focus on the collapse in inflation expect – Eur 5Y5Y inf swaps back to Jan 15 low where QE was announced. Crude ~1.0%...

20/01/2016

Market update US tsys trading sharply higher, flatter, US 10Y below 2.0% (1.97, -8.5bps) on ‘risk off’ with US stock futures lower, European equities -3.0%, crude down 3.0% below $28.00. IEA warned oil market could ‘drown in oversupply’ (see above).  Tsys off the...