29/10/2018

Market Update US tsys weakening steadily since the start of European trading, 10Y 3.09 (+1.7bps). Equity markets rebounding, S&P futures +25 after last week’s rout (S&P -3.95%, worst week since March). News that Angela Merkel will step down as head of CDU...

26/10/2018

Market Update US tsys trading higher before Q3 GDP (3.3% exp), as equities weaken significantly, US 10Y 3.085% (-3.2bps), heavy volume in TY futures (~750k). US equity futures lower with S&P -32, Nasdaq -150, Euro stocks -1.5% hitting new 2Y lows). German bunds...

25/10/2018

Market Update US tsys trading lower, 10Y 3.125% (3.5bps), heavy volume (600k) TY futures, tracking equities as the latter rebounds from yesterday’s steep losses (S&P erasing gains for the yr). S&P futures +21.5, Nasdaq +93 (+1.4%). Core Euro bonds little...

24/10/2018

Market Update US tsys higher, yields ~2bps lower across the curve, 10Y 3.147%, heavy volume in TY futures (720k). Prices off the highs after 15k block trade in TY futures @6:50am. Equity futures slightly lower, well off mid morning lows (S&P -2.25 from -25). US...

23/10/2018

Market Update US tsy yields 3-5bps lower in strong ‘risk off’ rally, with the US 10Y 3.145% (-5.5bps), heavy volume in TY futures more than 2x avg (752k). Huge declines in global equities overnight – Hang Send -3%, CSI 300 -2.66%. US equity futures extending losses...