04/07/2018

Market Update With the US mkt closed for the July 4th holiday, volumes in GOCs, futures expected to be minimal.  Core EGBs lower led by UK gilts, led by the 2-5Y after UK Services PMI surprised to the upside 55.1 in June vs 54. Mkt pricing for a BOE rate hike in...

03/07/2018

Market Update US tsys  lower, 10Y 2.877%, as equity markets are strong (S&P fut +11, while crude has reached multi year highs despite Saudi reaffirming 1mln bbl production increase. Light data day in the US with auto sales, factory orders and early close for July...

29/06/2018

Market Update US tsys weaker before May Personal Income/Spending (0.4/0.4 exp) at 8:30, Chicago PMI at 10:00.  US  10Y 2.85% (+1.5bps) on above avg volume in TY (445k).  Stock futures higher (S&P +11) while the euro spiked on news of EU migration deal. Core EGBs...

28/06/2018

Market Update US tsys little changed, slight bid tone after Merkel comments on EU tariffs, US 10Y 2.822%, heavy volume in TY futures (425k). Stock futures fading, S&P -10pts, DAX -1.3%. Crude also giving up earlier gains, after WTI traded close to $73, now 72.5 ,...

27/06/2018

Market UpdateTsys trading stronger, off London morning highs, tale of two sessions w/much of O/N action occurring in London hours, Tsys steadily extending top of range, futures volume rather heavy at appr 475k in TYU. Light data day,Fed VC Quarles on International...

26/06/2018

Market Update US tsys slightly higher on avg volume in TY futures (317k), 10Y 2.875%, off session highs as equity futures erase eralier losses. Data includes Richmond Fed , Case Shiller HP & Consumer Confidence. The US auctions $34bln in 2Y notes at 1:00ET. Focus...