04/07/2019

Market Update GOC yields unch with the US closed for July 4th, light volume in CGBs (50% daily avg), prices pulling back as German bunds give back some gains after rallying hard, 10Y bund reaching -0.41% below the ECB deposit rate (-0.40%) for the first time. ...

03/07/2019

Market Update US tsys higher, thou prices have pulled back since early European trading , TY futures at the lows of the session despite weaker June ADP (102k vs 140k) and ahead of early close, the 10Y reached a low 1.935%, now 1.95% . Global bonds continuing to rally...

02/07/2019

Market Update US tsys slightly higher on avg volume in TY futures (312k), 10Y 2.02%, S&P futures -2, crude 58.95 (-0.14). UK gilts rallying after huge miss in June construction PMI (43.1 vs 49) – worse month in more than 10 years.  German bunds fell sharply...

28/06/2019

Market Update Tsys trading mixed, curve slightly steeper, US 10Y 2.01% on light volume (265k TY1) as focus turns to G20 in Osaka this weekend and US/China trade negotiations. May Personal Income & spending as well as U. of Michigan sentiment scheduled for this...

27/06/2019

Market Update US tsys rebounding from earlier losses in Asia, tsy yields 0.5-1bp lower led by the long end with the 10Y 2.04% . Stock futures saw a sharp pullback in early NA trading after WSJ story linking trade agreement to lifting of US ban on Huawei, also news...

26/06/2019

Market Update US tsys lower, near overnight lows, risk on after comments from US tsy sec Mnuchin on possible trade deal with China, in advance of Trump/Xi meeting on Saturday at G20. S&P futures +12.5, crude +2% 58.94 highest since May 30th. Tsy curve 1bp flatter,...