12/01/2016

Market update US tsys trading lower, US 10Y 2.195 (+2bps), curve 1bp flatter as short end underperforms before $24bln 3Y note auction this aft. European equities ~2.0% higher led by exporters with crude slightly higher after plunging ~3.0% to the lowest since 2003....

11/01/2016

Market update US tsys trading lower, US 10Y 2.16 (+4.3bps) as European equities reverse losses despite a ~6% plunge in China stocks & lower crude. Tsys were weaker o/n with German bunds before rebounding somewhat in European trading. Some concession building in...

08/01/2016

Market update US tsys lower curve steeper led by 5s (+3.5bps) after much stronger than expected  non-farm payrolls (275k vs 201k exp), US 10Y 2.185 (+4bps). European stocks mixed, but CSI Comp +2.0% on state buying according to story in FT (see below)& PBOC...

07/01/2016

Market update US tsys opening higher again this morning on China turmoil (China comp -7.0%, decline in China currency) but have since given up most of the o/n gains, with the US 10Y @2.17% after falling to as low as 2.12 o/n. Tsys pressured in early NY trading on...

06/01/2016

Market update US tsys opening sharply higher thou off the highs after a much stronger than exp ADP (257k vs 195k), curve ~3bps flatter & US 10Y below 2.2% (2.193 -4.5 bps). Risk off tone o/n amid North Korea test, weak China PMI (50.2 vs 51.2). China equities...