29/11/2017

Market Update Tsys trading weaker, unwinding brief FTQ bid following N. Korea missile launch, trading lower since Europe with core EGBs, US 10Y 2.37% (+4.3bps), little reaction to upwardly revised Q3 GDP (3.3% vs 3.0% prev). Gilts yields 10bps higher, bunds weaker on...

28/11/2017

Market Update Tsys trade slightly weaker, US 10Y 2.33%, heavy volume in TY futures 9>535k) mostly due to Dec/Mar roll ahead of Thursday’s first notice. Equities firmer in Europe led by energy, after Royal Dutch Shell (+3.25%) boosted guidance and restored its...

27/11/2017

Market Update Tsys trading mixed, curve flatter, US 10Y 2.33% (-1bp), heavy volume in TY futures (>600k) mostly due to roll, equities steady (Euro equities -0.2%, S&P futures -1) Tsy 2s10s curve reaching new lows in front of supply, bear flatteners put on in...

24/11/2017

Market Update US tsys lower , yields 1.5bps-2bps higher with the 10Y 2.335%, weakening along with European bonds on stronger German Nov IFO business sentiment, stronger European equities. Next week looks to be heavy in the US in terms of corporate and tsy issuance:...

23/11/2017

Market Update GOCs trading higher in reaction to much weaker Sep retail sales (0.1% vs 1% exp, core 0.3% vs 1.0% exp) after a quiet overnite session, with the US & Japan mkts closed for holidays.  Euro equities slightly higher, core EGBs mixed –  gilts...