01/08/2019

Market Update US tsys lower but recouping most of o/n losses, US10Y 2.02% (+1bp), strong volume in TY futures (460k). Belly of tsy curve leading slight losses after FOMC decision to lower Fed Funds 25bps without clear signal of further cuts to follow. UK going against...

11/07/2019

Market Update US tsys mixed, curve continuing post Powell steepening with short end yields another ~1bp lower, 10Y unch @ 2.06%, moderate volume in TY futures (300k). June CPI (0.1%) and Powell testimony key events, as well as $16bln 30Y auction. Core Euro bonds...

10/07/2019

Market Update US tsys trading higher, reversing losses after Powell testimony released pointing to July rate cut after opening after steep declines in European bonds, 10Y 2.05% (-1.5bps).  Bunds & gilts paring losses on after better than expected France &...

09/07/2019

Market Update US tsys trading lower, 10Y 2.055% (+1bp), on heavier volume in TY futures (450k), despite weaker equities (S&P -10).  Fed chair Powell to speak on ‘stress tests’ before key testimony tomorrow. Core EGBs mixed, gilts outperforming, focus on the...

08/07/2019

Market Update Tsys slightly higher having given up earlier gains on weakness in equities (Deutsche Bank news, Fed repricing) to trade close to lows of session, 10Y 2.03%  on avg volume in TY futures (380k).  Core Euro bonds higher led by 10Y UK gilts 0.695%...