03/03/2016

Market update US tsys trading lower after fairly subdues session with little reaction to the 6k jump in initial claims & better than exp Q4 productivity (-2.2 vs -2.9). Euro stocks lower, Asian stocks higher for a second day, crude lower @ $34.40.   Aussie govt...

02/03/2016

Market update US tsys opening lower, US 10Y 1.84, curve steeper after ADP came in above exp (214K vs 190K) thou Jan was revised lower. Tsy 10Y futures confined to narrow range most of the o/n session with weaker bias as. European stocks higher for a 5th day, Crude...

01/03/2016

Market update US tsys mixed, short end modestly lower ,longs underperforming US 10Y 1.748 (-1.8bps). Tsys moving lower as stock futures improved o/n, Euro sotxx up ~1.0%. ISM Manufacturing coming up at 10:00EST after yest Feb Chicago PMI came in much weaker than exp...

29/02/2016

Market update US tsys higher, US 10Y 1.75% (-1.5bps) in range bound overnite session (TY1 in 5 tick range) , mild risk off tone with European equities slightly down, China CSI Comp -2.3% despite cut in reserve ratio. No big headlines out of G20 meeting just a...

26/02/2016

Market update US tsys sharply lower on strong Q4 GDP (1.0 vs 0.4) after inventories revised higher. in range bound session (7 ticks in TY1), US 10Y 1.76 (+5bps). Core Euro bonds mixed – curves steeper with longs underperforming. German CPI & HICP both came in...

25/02/2016

Market update US tsys opening higher, curve unch, 10Y 1.73 (-2bps), fairly confined trading range since European trading, main theme was selling in Asia despite a steep decline in the China comp on a hike in the reserve ratio for certain banks and an increase in the...