18/03/2019

Market Update Tsys trading lower, 10Y 2.60% (+1bp), after Friday’s 5bp rally brought yields to the lowest levels since early Jan. Stock futures slightly higher, S&P extending gains after rising to new highs Friday above 2800. Core EGBs slightly lower, odds of...

15/03/2019

Market Update US tsys trading higher, curve flatter, 10Y 2.62% (-1bp), low volume in TY futures (230k).   Eco data includes Empire Man, Feb Ind Prod/Cap Util & March U. of Mich sentiment.  Industrial production expected to rebound after Jan plunge –...

14/03/2019

Market Update Tsys slightly higher on below avg volume in TY futures, 10Y 2.62% Feb Import Price/ claims data. .  Core EGBs weaker in wake of yesterday’s Brexit vote, UK 10Y gilt 2.5bps higher @ 1.22%.  German bunds lagging the decline in gilts , the IFO...

13/03/2019

Market Update Tsys weaker, near bottom of overnight range on weak volume, 10Y 2.62% (+2bps). European equities slightly higher, S&P futures +8, crude higher for a 3rd day 57.40 (+1.0%) after OPEC pledge to stick to cuts and API data showing a surprise drop in...

12/03/2019

Market Update US tsys trading slightly lower, 10y 2.65 (+1bp) , close to top of o/n range , rallying with bunds/gilts  on comments from UK Attorney General that legal risk to Irish backstop remains unchanged – ahead of key vote on Brexit later today. Feb CPI and...

11/03/2019

Market Update US tsys trading weaker on avg volume in TY futures (300k), 10Y 2.64% (+1bp). USD index slightly higher, US equities higher (S&P futures +3, Nasdaq +20), Dow futures weighed by the ~8% slide in Boeing (200 dow pts) after the crash of an Ethiopian Air...