02/11/2018

Market Update Tsys lower on potential for China/US trade deal and before key Oct Payrolls, (200k exp), yields 1.5-2bps higher with the 10Y 3.15%. Tsys off the lows as equities pare gains, S&P futures now +16 from +28 at 8:00ET. Exxon beat Q3 est ($1.46 vs $1.23),...

01/11/2018

Market Update Tsys trading lower & steeper, yields 0.5-2bps higher with 10Y 3.16% (+1.7bps). Risk-on tone with Euro stocks higher (Stoxx +0.60%), US equity futures pointing to a higher open, S&P fut +13. Gilts underperforming after the BOE left rates unch as...

31/10/2018

Market Update Tsys trading lower, curve steeper, yields 1.5-2.5bps higher with the 10Y 3.15 (+2.7bps), prices weakening further after ADP came in above exp (227k vs 187k). Risk-on with equities higher, S&P fut +25, Nasdaq +100. Core EGBS also lower, UK 10Y gilt...

30/10/2018

Market Update Tsys trading weaker, 10Y 3.115(+3bps), above volume in TY futures (530k), prices back to the lows of yest morning before equities sold off late Monday.  US equity futures higher, (S&P +14, Nasdaq +33), Euro stocks paring earlier losses now positive....

29/10/2018

Market Update US tsys weakening steadily since the start of European trading, 10Y 3.09 (+1.7bps). Equity markets rebounding, S&P futures +25 after last week’s rout (S&P -3.95%, worst week since March). News that Angela Merkel will step down as head of CDU...

26/10/2018

Market Update US tsys trading higher before Q3 GDP (3.3% exp), as equities weaken significantly, US 10Y 3.085% (-3.2bps), heavy volume in TY futures (~750k). US equity futures lower with S&P -32, Nasdaq -150, Euro stocks -1.5% hitting new 2Y lows). German bunds...