02/05/2019

Market Update Tsys lower, US 10Y 2.515% (+1.5bps), on above avg volume in TY futures (370k), extending weakness from yesterday’s post FOMC press conference where Powell described tepid inflation readings as ‘transitory’.  US equity futures slightly higher, crude...

01/05/2019

Market Update US tsys slightly trading slightly higher, 10Y 2.50% before ISM & Fed decision this aft, volume in TY futures running at ~50% of daily avg (115k) as Many European mkts are closed for May holiday. UK gilts higher after April Manuf PMI  matched...

30/04/2019

Market Update US tsys pressured in recent trade after German flash HICP inflation came in stronger – 2.1% vs 1.7% and US equity futures move higher on earnings, US 10Y 2.535% (+1bp).  Core Euro bonds underperforming tsys, 10Y bund yields +3bps, gilts...

29/04/2019

Market Update US tsys slightly lower, 10Y 2.505 (+0.5bps), low volume in TY futures (198k) before big week for economic data including Fed decision Wed, ADP , ISM Man & April payrolls. March Personal Income & PCE scheduled for today. Core Euro bonds lower,...

26/04/2019

Market Update US tsys pressured as stocks rebound , US 10Y  2.52% , curve 1bp steeper, core Euro bonds retracing earlier gains while Italian BTP 10Y spreads are 5bps narrower vs bunds. Q1 GDP the highlight for the US, 2.3% exp vs 2.2% pre –  both the...