26/08/2016

Market Update US tsys/ GOCs slightly higher in another quiet overnite session as mkts await Fed Yellen’s speech at Jackson Hole at 10:00EST. US Q2 GDP in line with exp, the GDP deflator revised higher to 1.8% from 1.7%Fed Bullard on the tape saying inflation is low...

25/08/2016

Market Update US tsys moving lower after stronger Durable Goods after quiet o/n session and before Yellen speech at Jackson Hole. Light volume in TY futures (~252K), tsys lagging the decline in core Euro bonds despite weak German IFO confidence, the 10Y German bund...

24/08/2016

Market Update US tsys either side of unch on low volume session (204K TY1) with an upward bias since NA trading, the US 10Y 1.545% (-0.5bps). WTI trading lower after API data showed inventories up 4.46mln bbls. Asian stocks mixed with the HS index closing lower but...

23/08/2016

Market Update US tsys yields ~1bp higher across the curve, except the long end which is unch, the US 10Y 1.55% (+1bp). Tsys rebounding after earlier losses in Europe as stock futures decline. European stocks holding on to ~1.0% gains, core Euro bonds lower – the...

22/08/2016

Market Update US tsys slightly higher, curve flatter, US 10Y 1.575 (-0.5bps). Tsys lagging the core Euro bonds which are seeing renewed bull flattening with the 10Y bund yield -4bps @ -0.074%. Hawkish comments from Fed Fischer weighting on shorter term yields –...

19/08/2016

Market Update US tsys opening lower, US 10Y 1.56 (+2bps), tsys under pressure for most of the overnite session after rising late yest aft. Fed Williams said Sep FOMC meeting is in play and that the US economy is strong enough to warrant rate hikes sooner than later to...