26/08/2019

Market Update US tsys higher in active session with the 10Y 1.52% (-2bps), heavy volume in TY futures (915k or 3x avg). Tsy yields off best levels reached during the Asian session on optimism for a trade deal after Trump said ‘China called’ and wants to return to the...

23/08/2019

Market Update US tsys reversing course, rising sharply on news China will impose retaliatory tariffs on $75bln of US goods, 25% tariffs on autos from Dec 15th, US 10Y 1.61%.  Fed Bullard sounding dovish, noting the inverted yield curve signals the Fed should be...

22/08/2019

Market Update US tsys close to overnight lows , prices extending losses in recent trade on hawkish comments from Fed’s Esther George saying the Fed is not ready to provide more accommodation, while easing further creates more risk – US 10Y 1.62% (+3bps). Equities...

21/08/2019

Market Update US tsys lower, yields 2-3bps higher, curve slightly steeper 2s10s , 10Y 1.585%(+2.7bps), moderate volume in TY futures (350k).  US equity futures higher (+0.70%) with European stocks (Stoxx +1.3%), crude higher for 4th day 56.95 (+1.5%). Germany’s...

20/08/2019

Market Update Tsys higher on moderate volume (TY 375k) , long end outperforming, 10Y  1.57 (-3.6bps). US equity futures flat, crude unch @ 56.00. Home Depot +2.5% pre-mkt on optimistic outlook for consumer spending & housing. Limited data in the US with focus...