13/02/2019

Market Update Tsys trading  2bps higher after Jan CPI came in weaker than exp – 0.0%/1.6% vs 0.1%/1.5% exp), core 1.6% vs 1.5% exp –  10Y  2.70%. Global equities extending gains after data, S&P futures + 8. Trade news with Trump mentioning he...

12/02/2019

Market Update Carry over risk-on, relief rally in equities (SPX +19.00 at 2727.25) as risk sentiment has received a boost from signs that Republicans and Democrats have reached a tentative truce to avoid another government shutdown, as well as indications that the...

11/02/2019

Market Update Tsys trading weaker across the curve, on low volume (230k), 10Y 2.65% (+1.6bps).  ‘Risk on’ with equities higher -S&P futures reversing earlier decline now +9, USD index higher for eighth day, crude lower – expectations that...

08/02/2019

Market Update Tsys trading higher, top of o/n range on avg volume (~290k), 10Y 2.635% (-1.5bps), closing in on last weeks 2.61% low, late Dec 2.55%. USD index steady after rising for six straight days, DXY 96.50. Quiet day in terms of US data with Fed GDP Nowcast....

07/02/2019

Market Update US tsys trading sharply higher, yields 3-4bps lower, 10Y 2.66%, on heavier volume in TY futures ( ~450k). The latest uptick in prices within the last hour after BOE decision (2019 growth forecast downgraded to 1.2% from 1.7%), Carney warning that Brexit...