07/05/2019

Market Update US tsys trading little lower, 10Y 2.48%, heavier volume in TY futures (600k),  stock futures lower (S&P -0.7%) on  renewed trade concerns with the US threatening to raise tariffs on Friday, and China’s trade negotiator scheduled to travel...

06/05/2019

Market Update US tsys rallying hard, 10Y below 2.50% (2.485% -4bps) on renewed US/China trade threats after Trump tweets, heavy volume in TY futures (~600k),  S&P futures  down 1.6%, 1900, off the lows of the session. Light data week with focus on April...

03/05/2019

Market Update US tsys trading lower before April Nonfarm payrolls & unemp rate, 10Y 2.56% (+2bps).  Core EGBs weaker after Eurozone core inflation rose 0.4% or 1.2% y/y last month, the strongest increase since Oct (0.2% exp, 0.8% y/y in March).  Payrolls...

02/05/2019

Market Update Tsys lower, US 10Y 2.515% (+1.5bps), on above avg volume in TY futures (370k), extending weakness from yesterday’s post FOMC press conference where Powell described tepid inflation readings as ‘transitory’.  US equity futures slightly higher, crude...

01/05/2019

Market Update US tsys slightly trading slightly higher, 10Y 2.50% before ISM & Fed decision this aft, volume in TY futures running at ~50% of daily avg (115k) as Many European mkts are closed for May holiday. UK gilts higher after April Manuf PMI  matched...

30/04/2019

Market Update US tsys pressured in recent trade after German flash HICP inflation came in stronger – 2.1% vs 1.7% and US equity futures move higher on earnings, US 10Y 2.535% (+1bp).  Core Euro bonds underperforming tsys, 10Y bund yields +3bps, gilts...