12/06/2018

Market Update Tsys trading lower, near bottom of overnight range on above avg volume (370k TY), 10Y 2.97% (+1.3bps) before May CPI (0.2%/2.8% exp). Equities unch, euro equities mixed, crude slightly lower, USD index unch.  News flow dominated by Trump/Kim meeting,...

11/06/2018

Market Update Tsys trading lower on avg volume (~290k TY1), 10Y 2.96% (+1.3bps), curve unch.  Slight risk off with S&P futures -2.75, USD index higher. No data today but busy week ahead in terms of event risk including CPI, FOMC/ECB and $68bln in 3,10 & 30Y...

08/06/2018

Market Update Tsys are weaker, trailing the decline in European bonds, thou to a lesser extent, the US 10Y 2.985% (+1.3bps).  USD index weaker, EUR higher for a 4th day , stocks firmer (S&P fut +3), crude higher (65.32 +0.62). Core EGBs weaker,  German bund curve...

07/06/2018

Market Update Tsys are weaker, trailing the decline in European bonds, thou to a lesser extent, the US 10Y 2.985% (+1.3bps).  USD index weaker, EUR higher for a 4th day , stocks firmer (S&P fut +3), crude higher (65.32 +0.62). Core EGBs weaker,  German bund curve...

06/06/2018

Market Update Tsys trading weaker, near lows of o/n session on heavy volume (490k TY), 10Y 2.955 (+2.7bps), USD index lower, thou US$/Yen is higher closing in on 200D MA a two-week high.  Core EGBs sharply lower on more hawkish ECB talk – ECB Praet and Weidmann...

05/06/2018

Market Update Tsys trading higher, US 10Y 2.91 (-3.5bps), on heavy volume in TY futures (440k), following core EGBs higher on renewed weakness in Euro peripherals, Italy 2Y 22bps higher. Gilts trading mixed, curve flatter, UK service PMI surprising to the upside for...