21/03/2019

Market Update US tsys continuing higher, adding to Wed post FOMC rally, on moderate futures volume (327k TY1), US 10Y 2.51% (-2bps), off the highs after March Phili Fed (13.7 vs 4.8exp). EGBS higher, in catchup mode from yest FOMC.  UK gilt yields 5-8bps lower,...

20/03/2019

Market Update US tsys trading higher on moderate futures volume (198k TY1) 10Y below 2.60% (2.59%) , ahead of FOMC policy announcement later this aft, tsy curve flatter 2s10s 13.6bps narrowest since Jan 29th. UK gilts spiking as PM May asked the EU for a Brexit...

19/03/2019

Market Update After an inside session Monday, 30-yr futures look slightly more lively Tuesday, with bulls keeping an eye on the Friday high at 146-17 for direction. Tsys trading mixed, mildly steeper curves rotating around steady 10s at the moment. Long end reversed...

18/03/2019

Market Update Tsys trading lower, 10Y 2.60% (+1bp), after Friday’s 5bp rally brought yields to the lowest levels since early Jan. Stock futures slightly higher, S&P extending gains after rising to new highs Friday above 2800. Core EGBs slightly lower, odds of...

15/03/2019

Market Update US tsys trading higher, curve flatter, 10Y 2.62% (-1bp), low volume in TY futures (230k).   Eco data includes Empire Man, Feb Ind Prod/Cap Util & March U. of Mich sentiment.  Industrial production expected to rebound after Jan plunge –...