28/05/2019

Market Update US tsys resume trading after holiday , 10Y  below 2.30% (2.295 -2.6bps), yields lower despite bounce back in equities, risk on tone thou China/US trade still on the front burner.  Core EGBS higher, UK gilts higher, 10Y 0.93% new low since Oct...

27/05/2019

Market Update With the US and UK out for holidays, volumes very light in TY futures (~200k).  Big move in Greek debt, yields 15-25bps lower to record lows. Snap elections were called after Tsipras’s Syriza party suffered huge losses in the EU Parliamentary...

23/05/2019

Market Update US tsys higher, yields 2.5-3bps lower led by the long end, 10Y 2.355% (-2.5bps), yields across the curve at new lows, heavy volume in TY futures (~540k).  The 3M 10Y curve inverted again down -3.67 bps at -2.34%. ‘Risk off’ on trade rhetoric, ...

22/05/2019

Market Update US tsys higher, yields 1-2.5bps lower led by the short end with S&P futures moving deeper into the red (-12) and crude down ~1.0%. The trump administration is considering limits on China’s video surveillance firm Hikvision ability to use US...

21/05/2019

Market Update US tsys trading lower, 10Y 2.43% (+1.5bps) , above avg volume in TY futures (425k), US equity futures higher, S&P +13. US/China trade tensions moderated somewhat as the US eases some restrictions on Huawei according to WSJ article.  Core EGBs...