13/11/2015

Market update US tsys trading higher, curve steeper, US 10Y 2.29 ( -2.1bps), bouncing after weaker PPI, retail sales – with Univ of Michigan sent expected at 10:00. Core Euro bonds higher, bund/gilt spd ~3bps wider on weaker Euro GDP. GOCs higher, underpinned by...

12/11/2015

Market update US tsys trading slightly lower after claims came in as exp, curve unch, US 10Y 2.333 (+0.4bps). Euro stocks extending o/n weakness on lower earnings from Rolls Royce which is off 21%. Core Euro bonds mixed with German bunds lower, gilts higher despite...

10/11/2015

Market update US tsys trading higher, yet well off earlier highs which saw the 10Y yield fall to 2.315, now 2.33 (-1bp) with the curve ~2bps steeper. Big new o/n was China inflation nos (see above) coming in below exp (CPI 1.3 vs 1.5). Core Euro bonds higher, with 10Y...

09/11/2015

Market update US tsys trading lower, curve flatter, US 10Y 2.347 (+1.8bps). Core Euro bonds mixed, German bunds higher on report from Reuters saying a consensus is building at the ECB to cut the deposit rate further. Euro stocks ~0.25% lower, USD lower, crude flat and...

04/11/2015

Market update US tsys trading slightly lower post ADP (182k vs 180k exp), Trade data (-40.8b vs -48b in Aug) & Tsy Qtrly refunding stmt ($64bln in 3,10& 30Y next wk, raising $3.6bln new cash).  US 10Y above 2.20% (2.215), with core Euro bonds lower on higher...