20/07/2016

Market update Both UST and GoC bond yields are trading 1-2 bps higher after another quiet overnight session, with the curve a touch steeper as the longer-end of the curve underperforms. The yield on the benchmark 2Y was last trading at 0.702%, with the 5Y at 1.125%,...

19/07/2016

Market update Both UST and GoC bond yields are trading 2-3 bps lower after another quiet overnight session.  Equity futures are opening the day down (S&P futures -7.25) with oil prices flat (WTI -0.07%). Tokyo mkts returned after holiday, Jpn stocks up, most Asian...

18/07/2016

Market update US Treasuries open NY firmer. TOKYO was closed for a holiday, as was Thailand. Tsy futures initially rose on news of the Turkey coup; then some sellers came in, including a seller of 1,600 Tsy ten year futures at 131.30. Also a seller of Sept16 10yr tsy...

15/07/2016

Market update US Tsys modestly mixed/steeper on slightly better than avg volume. EGBs lower, global stocks mixed, highlighted by Nikkei up 0.68%, Europe almost entirely lower, DAX off 0.11%, Eurostoxx down 0.33%, US futures showing tiny gains headed into NY. USD...

14/07/2016

Market update UST sys sharply lower/steeper, Tsy futures underperforming on high volume with 435K Sep 10Y contracts traded so far this session. BOE Unch, Bank of Korea Unch. EGBS sharply lower, stocks up nicely highlighted by a 0.95% gain in the Nikkei, 0.90% gain in...

13/07/2016

Market update US Tsys back to bull flattening, futures outperforming on high volume with 319K Sep 10Y contracts traded so far. EGBs higher, bund curve flatter, USD lower vs majors, JPY last 104.64. Global stocks up, highlighted by a 0.84% gain in the Nikkei, 0.64%...