09/05/2019

Market Update US tsys higher on rising trade tensions between the US & China, after Trump said China ‘broke the deal’ last nite, 10Y 2.45% (-3.5bps). Risk-off with US equities lower, S&P futures -21,  European equities  -1.0%, while the MSCI Asia...

08/05/2019

Market Update US tsys trading higher on ‘risk off’ tone with EGBs, concerns over US-China trade and Iran nuclear tensions, US 10Y 2.435% (-2.2bps). Core EGBs higher led by 10Y UK gilts, Brexit talks between the govt and opposition ‘close to being terminated’ according...

07/05/2019

Market Update US tsys trading little lower, 10Y 2.48%, heavier volume in TY futures (600k),  stock futures lower (S&P -0.7%) on  renewed trade concerns with the US threatening to raise tariffs on Friday, and China’s trade negotiator scheduled to travel...

06/05/2019

Market Update US tsys rallying hard, 10Y below 2.50% (2.485% -4bps) on renewed US/China trade threats after Trump tweets, heavy volume in TY futures (~600k),  S&P futures  down 1.6%, 1900, off the lows of the session. Light data week with focus on April...

03/05/2019

Market Update US tsys trading lower before April Nonfarm payrolls & unemp rate, 10Y 2.56% (+2bps).  Core EGBs weaker after Eurozone core inflation rose 0.4% or 1.2% y/y last month, the strongest increase since Oct (0.2% exp, 0.8% y/y in March).  Payrolls...