by admin | Dec 12, 2018 | comments
Market Update US tsys trading weaker, curve steeper, 10Y 2.89% (+1.3bps), avg volume in TY futures (343k), equity futures higher (S&P +22), European equities rising for a second day, Euro Stoxx +1.5%. Core EGBS lower, bunds pressured in the last hr as BTPs...
by admin | Dec 11, 2018 | comments
Market Update US tsys weaker with equity futures higher (S&P +20, Nasdaq +67), US 10Y 2.88% (+2bps). Positive news on trade as China considering cutting tariffs on US made cars. Little reaction to stronger PPI data in the US – with the core +0.3% vs 0.1% exp...
by admin | Dec 10, 2018 | comments
Market Update US tsys slightly lower, US 10Y 2.86%, yield curve flatter, paring gains as equities rebound from losses – S&P futures +2.75 (were down 20 early). Core Euro bonds mixed – UK gilts higher, yields 3-5bps lower with the GBP at 18 month lows...
by admin | Dec 7, 2018 | comments
Market Update US tsys mixed, short end slightly lower, long end higher before payrolls, 10Y 2.90% (unch), close to the lows of August having rallied 10bps this week alone. Nov Payrolls expected at 198k with the unemployment rate unch at 3.7% and AHE 3.1%. Equity...
by admin | Dec 6, 2018 | comments
Market Update US tsys higher, yields 2-3bps lower across the curve, on heavy volume in TY futures (645k), equity futures sharply lower : S&P -38 (-1.4%), Nasdaq -116 (-1.7%). Risk off tone on renewed tensions between the US & China after Huwai’s CFO...