20/10/2015

Market update US tsys trading sharply lower after Housing Starts surprised to the upside, rising 6.5% in Sep vs 1.4% exp – US 10Y 2.066 (+4.3bps). Core Euro bonds lower underperforming tsys, German 10Y bund ~5bps higher @ 0.62% as hopes fade for further ECB stimulus...

19/10/2015

Market update US tsys opening slightly higher after being lower during the o/n session, US 10Y 2.03 (-0.5bps). Euro stocks slightly lower, S&P futs in the red, commodities lower with crude reacting to news Iran is looking to boost production to pre sanctions level...

16/10/2015

Market update US tsys drifting lower at NA , pressured by gains on overseas equity mkts, higher commodities – US 10Y back over 2.0%. No tier1 data today so tsys will likely follow stocks lead, US stock futs are small lower after yest aft rally brought the S&P back...

15/10/2015

Market update US tsys opening lower for the first time in four days after stronger Sep core CPI/ lower claims, US 10Y 2.025 (+5bps) curve with 2s & longs out performing. CPI came in as exp falling 0.2% overall yet the core rose 0.2% /1.9% y/y vs 0.1%/1.8% exp...

14/10/2015

Market update US tsys  jumping after  soft core  retail sales & PPI , buy stops being triggered in Dec 10Y futs as well as German bunds on the weaker data. Tsys were already higher overnite on bull flattening rally in core European bonds led by gilts on weak...