15/08/2018

Market Update US tsys rallying across the curve, yields 2-3bps lower on heavier volume in TY futures, 10Y 2.87 (-2.5bps). Little reaction to stronger July Retail Sales/Aug Empire Manuf data.  “Risk off” session overnite despite Turkish lira being higher for a 3rd day...

14/08/2018

Market Update US tsys slightly lower, narrow range in TY futures on heavier volume (445k), 10Y 2.89%. Relative calm in EM with the Turkish Lira rebounding 5%, EU peripheral bond yields lower. Core EGBs also weighed by stronger than expected Eurozone Q2 GDP, IP. US...

13/08/2018

Market Update Tsys slightly lower, 10Y 2.87%, earlier Turkish lira fell to new lows vs the USD. Strong volume in TY futures, ~880k or 4x recent avg. Core EGBS underperforming, Sep gilts fell to session lows after reports Turkey was set to release UK Pastor. US equity...

10/08/2018

Market Update Tsys higher, yields 2-4bps lower with the 10Y below 2.90% (2.89 -3.5bps) before CPI on safe haven flows after the Turkish lira spiked to a new low and global equity markets weaken on contagion fears, S&P futures -13, Nasdaq -44.  Core EGBs also...

09/08/2018

Market Update Tsys mixed before PPI, curve steeper10Y 2.95%narrow 3 tick range in TY futures on low volume (220k), little movement in EGBs as well with no major news overnite.  The US tsy auctions $18bln 30Y notes at 1:00ET while Fed Evans, a noted dove, speaks this...

08/08/2018

Market Update Treasuries slightly lower, 10Y 2.977, volume in TY futures ~50% of avg (212k), US equity futures slightly lower little reaction to Trump imposing 25% tariffs on Chinese goods. UK gilts outperforming, curve flatter, decent demand for 10Y gilt auction and...