24/01/2020

Market Update US tsys marginally lower, 10Y 1.734% , above avg volume in TY futures. US equity futures higher (S&P +8), crude close to recent lows (55.40 -0.20) Some curve flattening in tsys attributed to comments from Tsy sec Mnuchin in BBG interview – ‘ultra...

23/01/2020

Market Update Tsys higher led by the long end of the curve, 10Y below 1.75% for the first time since Dec 3rd, US equity futures lower (S&P -0.19%).  Core EGBs also higher, no change in monetary policy by ECB as exp, bond buying will continue.  German...

22/01/2020

Market Update US tsys trading unch, prices fading since early NA trading on avg volume (TY 350k), 10Y 1.775%, long end outperforming slightly.  US futures higher, S&P +13, Nasdaq +60. Core EGBs mixed – UK gilts under pressure after upbeat factory survey – CBI...

21/01/2020

Market Update US  tsys  trading higher on heavy volume in TY futures (610k), 10Y  1.795% (-2.5bps). Risk off move linked to deaths tied to Coronavirus in China, US equity futures lower with S&P -10.25, thou crude and gold are lower.  European...

17/01/2020

Market Update US tsys trading mixed, short end higher while the long end steepened around the 10Y (1.825% + 1.5bps), late yesterday the US treasury announced it will issue a new 20Y bond in the first half of the year. Prices of the best levels after  Dec Housing...