24/04/2018

Market Update Tsys trading lower in recent trade, 10Y 2.99% (+1bp) after rangebound o/n session.  Equity futures higher (S&P +14.75), earnings from Caterpillar, Verizon & UTX beat exp – Cat  +6% higher pre-mkt. Crude follow thru after yesterday’s rebound, now...

23/04/2018

Market Update Tsys trading weaker, 10Y close to 3.0% for the first time since Jan 2014, currently 2.975% vs 2.995% high, on heavy volume in TY futures (>500k,. ~2x avg daily vol), USD surging higher for a 5th day, DXY highest since March 1st. EGBs lower, weighed by...

20/04/2018

Market Update Tsys mixed, curve steeper, narrow range in TY futures , 10Y 2.92% (+1bp), close to one month high yield.  UK gilts rallying, yields 3-4 bps lower after BOE Gov Carney dovish comments suggesting rate hike may be put off for now due to recent weak economic...

19/04/2018

Market Update Treasury futures trading mostly weaker, following Bunds/Gilts lead to near late overnight lows, Tsy curves bouncing off 10+ year lows; 10YY tapped 2.895%, near Feb 21 4+ year high of 2.950%. US$ index mildly higher after some decent chop overnight (DXY...

18/04/2018

Market Update Tsys trading lower, yields 0.5-1bp higher with longs outperforming, avg volume in TY futures (30k), 10Y  2.835 (+0.7bps). Equities firmer (S&P fut +11) – Morgan Stanley +2.0% pre-mkt after Q1 eps beat est ($1.45 vs $1.25), gold higher, crude 1.4%...

17/04/2018

Market Update Tsys trading slightly weaker, yields 1bp higher out the curve, short end little changed, 10Y 2.84%, light volume in TY futures (209k). S&P futures +16, strong beat from GS in Q1 – eps $6.95 vs $5.56 est, revenues $10bln vs $8.75bln, 31% surge...