12/08/2019

Market Update US tsys stronger, yields 5-6bps lower with the 10Y 1.69% (-5.5bps).  European equities erased earlier gains, US equity futures  -0.5% on avg volume in TY futures (350k). Escalating tensions and an upset defeat for President Macri in Argentina’s...

08/08/2019

Market Update US tsys higher, yields 1-2bps lower, 10Y 1.72%, heavy volume in TY futures (570k).  US equity futures higher, S&P sideways since early Asia trading (+8.5), crude extending yesterday’s recovery after Saudis announced plans to support prices....

07/08/2019

Market Update US treasuries racing to new highs, yields another 3.5- 7.5bps lower with the 10Y 1.625% (-7.5bps), new three year low, on strong volume in TY futures (650k), strong buying in TYU in last hr. Chinese yuan weakening again above 7.0 after the PBOC raised...

06/08/2019

Market Update US tsys lower, 10Y yields retracing ~4bps of yesterday’s massive 13bp rally on China trade friction (China declared a currency manipulator for the first time since 1994), 10Y 1.75% from low 1.67% overnite, focus  on US/China with PBOC saying the...

02/08/2019

Market Update US tsys continuing higher after Trump’s new round of China tariffs, and China’s pledge to retaliate, the US 10Y 1.86% (-3.5bps), lowest since Nov 2016.  Long term bunds at new low yields with the 10Y bund -0.50% and the 30Y at zero for the first...