23/07/2018

Market Update Tsys slightly higher, narrow overnite range on avg volume in TY futures, US 10Y 2.89%, equity futures paring losses (S&P +1, Nasdaq -13). Risk off tone after Trump tweet on Iran,   Tsy curve little changed after Trump’s comments on the Fed &...

20/07/2018

Market UpdateTsy yields 0.5-1.5bps higher, decent volume in TY futures (350k), US 10Y 2.853%. Equities lower as Trump “ready to go” with tariffs on $500bln in Chinese goods.  UK gilts also lower after higher than exp public sector borrowing for June as well as hawkish...

19/07/2018

Market Update Tsys lower, 10Y 2.88% (+1bp), above avg volume in TY futures (378k), yields creeping higher with the USD since the start of Powell’s testimony, with a new high for the DXY index (95.55 +0.47). Prices weakening further after drop in weekly claims (lowest...

18/07/2018

Market Update Tsys trading slightly higher on very light volume ( 216k TY fut), 10Y 2.85% (-1bp),  rallying in Europe with gilts after UK June inflation came in below exp (2.4% vs 2.6%).  Fed Powell delivers second part of Mon policy testimony before the US House this...

17/07/2018

Market Update US tsys slightly higher, near top of overnite range on avg volume in TY futures (~240k), 10Y 2.85% (-0.7bps). Focus on Fed Powell semi-annual testimony at 10:00ET. Equities weaker (S&P fut -3, Nasdaq -7)  after Netflix, Goldman Sachs earnings. GS...