14/11/2016

Market Update US  tsys trading much lower, the slide continuing for a 4th day following Trump’s election. The current 10Y at 2.24% is 9bps higher on the day & ~55bps higher since Wed morning. The USD surging to an 11-month high, core Euro bonds lagging the selloff...

11/11/2016

Market Update UK Gilts are trading mixed with 10-year part of the yield curve leading the underperformance weighed by continued concerns over a Donald Trump administration and the likely impact on growth and inflation in both the US and UK. UK construction output...

10/11/2016

Market Update US Tsys begin NY lower after overnight mixed flows followed Wed. post-Trump-victory selloff on improved risk tone; US 10-year note 2.087%. TOKYO saw Asian central bank buying of 5s and 10s Tsys, along with Asian real$ buying 5s, 10s and 30s. Later,...

09/09/2016

Market Update Tsys getting crushed for a second day, yields 2-6bps higher & the curve steeper with the US 10Y firmly above 1.60%, now 1.65 (+5bps). German govt bonds lower, yield curve steeper in follow thru to yest ECB decision. JGB curve ~8bps steeper – Reuters...

08/09/2016

Market Update US tsys under pressure, US10Y 1.55 (+1.2bps) after ECB decision to leave both its main rate and size of its Asset Purchase Program unchanged and leave the QE end date at March 17. Core Euro bonds sharply lower, 10Y yields 3-4bps higher since the ECB....

07/09/2016

Market Update US tsys slightly lower to unch, the US 10Y yield close to two week low @ 1.53%, prices close to yesterday’s post ISM highs. Fed Williams repeated his call for the Fed to raise rates ‘sooner rather than later’ in a speech in Reno yest....