23/01/2019

Market Update US tsys trading lower, yields 1.5-3bps higher, 10Y 2.77%, equities higher (S&P fut +13,  Euro Stocks +0.50%), USD index near lows (DXY -0.09). Quiet day data wise in the US with Redbook retail sales, FHFA home prices and Richmond Fed. Risk on...

22/01/2019

Market Update US tsys trading higher, on heavy volume in TY futures (600k), 10Y 2.755(-3bps). Risk off tone (S&P futures -17, crude 52.94 -1.6%) driven by ongoing trade concerns, as the US is intensifying efforts to have a Huawei executive extradited to the US,...

21/01/2019

Market Update T-Notes initially drew support from the latest BBG story re: U.S.-China trade talk impasse, with risk-off flows apparent in the wake of the story hitting, although the contract stuck to a narrow range, with U.S. cash markets closed for Martin Luther King...

18/01/2019

Market Update Tsys slightly lower, 10Y 2.76% (+1bp), above avg volume in TY futures (420k), core EGBs also lower on ‘risk on’ flows while EU peripheral spreads are tighter. Stocks trading well on optimistic outlook for US-China trade after WSJ mentioned US officials...

17/01/2019

Market Update Tsys moving higher on avg volume (350k TY), 10Y 2.71% (-0.5bps), tsy curve 0.5bps flatter 2s30s, ‘risk off’ after Morgan Stanley Q4 earning miss, shares down 4% pre-mkt equities lower. Tsys off the highs after strong Jan Phili Fed – 17 vs 9.5 exp. ...