29/03/2016

US tsys higher, curve flatter, US 10Y 1.87% (-2bps). Core European bonds higher, in catchup mode after holiday yest. Fed chair Yellen to speak at 12:20 EST and 1:00PM $34bln 5Y auction. Light data calendar today but heats up the rest of the week with ISM man &...

24/03/2016

Us tsys slightly higher, curve flatter on light volume in tsy futures, US 10Y 1.87% (-1.2bps). European and Asian equities ~1.0% lower, the USD index is higher for a fifth day – the USD has now retraced ~75% of the post March 16th FOMC decline as Fed Bullard and...

23/03/2016

Market update Tsys trading in narrow range o/n, with better tone in European hours on uptick in bunds, US 10Y 1.93 (-1bp). GOCs opening unch, curve 1bp flatter.  European stocks higher for a second day, the USD index is higher vs majors while commodities mostly lower...

22/03/2016

Market update Tsys opening higher in safe haven buying after attacks in Brussels, US 10Y 1.90 (-2bps). European stocks are ~1.0% lower, euro off slightly, US stocks futures higher. Core Euro bonds higher in led by the long end, but bunds off the highs on better than...

21/03/2016

Market update Tsys opening lower in quiet trading due to Japanese market holiday, US 10Y 1.89 (+1bp). Tsys pressured by higher Euro stocks even as crude is ~1.0% lower at $39.00. Latest CFTC COT report showed specs adding to shorts in the ultralong (new record short),...

18/03/2016

Market update Tsys opening slightly higher, giving up most of the early gains from the Tokyo session, US 10Y 1.89 (-1bp).  Core Euro bonds higher, flatter yey fading as crude (40.88 +1.6%), Euro stocks rise (40.88 +1.6%).  The USD index recovering somewhat (0.25%)...