11/03/2016

Market update US tsys erasing earlier losses despite improving risk sentiment, US 10Y 1.926% (unch). Euro banks up 5%, crude higher on IEA report saying oil may have bottomed. German govt bonds higher led by longs with the bund curve another 2bps flatter as mkts react...

10/03/2016

Market update US tsys trading slightly higher along with core EGBs after ECB surprised with QE extension along with 10bp cut to deposit facility. ECB will expand monthly asset purchased to E80bln. Euro slammed in the wake of decision, down 1.2% close to 1.08 support....

09/03/2016

Market update Tsys lower, curve 2bps steeper, US 10Y 1.875 (+4.6bps) prices almost completely reversing yesterday’s gains. German govt bonds lower led by 10Y with profit taking ahead of ECB meeting according to MNI, spike higher in Euro/Swiss pointed to as evidence as...

08/03/2016

Market update Tsys sharply higher, curve ~3bps flatter with longs leading (2.643 -6.4bps) and the US 10Y 1.85 (-6bps).  European equities unch after being down 1.6% as euro bank stocks surged in just a few minutes ~7:00am. Gold & crude higher. Tsys bid right out...

07/03/2016

Market update Treasuries open NY weaker, 10-year note 1.907%, 2-year 0.894%. In Asian session, China foreign exchange reserves declined but at smaller pace than previous months; China Communist Party sets goal of 6.5 to 7 percent yearly growth. Asian commercial banks...

04/03/2016

Market update Tsys lower after Feb payrolls came in better than exp despite lower wage growth, US 10Y 1.86 (+2bps). Risk on session o/n with European equities higher, USD lower, crude unch.  Core European bonds lower, German 10Y bund 3bps higher @0.20% –...