27/06/2019

Market Update US tsys rebounding from earlier losses in Asia, tsy yields 0.5-1bp lower led by the long end with the 10Y 2.04% . Stock futures saw a sharp pullback in early NA trading after WSJ story linking trade agreement to lifting of US ban on Huawei, also news...

26/06/2019

Market Update US tsys lower, near overnight lows, risk on after comments from US tsy sec Mnuchin on possible trade deal with China, in advance of Trump/Xi meeting on Saturday at G20. S&P futures +12.5, crude +2% 58.94 highest since May 30th. Tsy curve 1bp flatter,...

25/06/2019

A bit of risk-off overnight has given a bit of a lift to Tsys, but overall, markets look flat Tuesday ahead of a full slate of Fed speakers. U.S. sanctions placed Monday on Iran’s Ayatollah Khamenei and Tehran’s declaration that the ‘diplomatic path...

21/06/2019

Market Update US tsys  slightly higher, 10Y off the lows back above 2.0% (Thurs 1.97% 2.5 yr low), decent volume in TY futures (455k), tsys revered course after Trump called for air strikes. Fed Claria this morning on BB basically echoed Powell- Fed will act if...

20/06/2019

Market Update US tsys higher, yields 2-3bps lower across the curve led by the short end, the 2Y 1.72%, 10s below 2.0% for the first time since Nov 2016 as markets now fully priced for 25bp cut at the July FOMC with 50% odds of a 50bp cut, 2s10s tsy curve 10bps steeper...