27/09/2019

Market Update US tsys trading lower, yields2-3bps higher, 10Y 1.72% (+3bps), on avg volume in TY futures (~330k).  August Personal Income/Spending and PCE on deck, U Michigan sentiment at 10:00am.  Bunds/gilts paring gains despite Euro area confidence...

26/09/2019

Market Update Tsys trading higher, 10Y 1.71% (-2.5bps), prices pulling back since uptick in Asia trade which saw 10Y trade below 1.70%. No reaction to as expected Q2 GDP, core prices higher (1.9% vs 1.7%). Equity futures higher, S&P +6, crude lower for 3rd day...

25/09/2019

Market Update Tsys slightly lower, declining as equity futures pare losses, 10Y 1.65%, focus on House Democrat’s impeachment inquiry with transcript of call between trump and Ukrainian Pres expected to be released today. S&P futures have rallied back close to unch...

24/09/2019

Market Update US tsys higher on avg volume (320k TY futures), US 10Y 1.70% (-2bps), flattening in UST curve with 3m10Y -20bps close to middle of -50 to +5 range over past month.  NY Fed repo operation bought $30bln in 14 day repo and was 2x oversubscribed. UK...

23/09/2019

Market Update US tsys higher, yields 2-3bps lower, 10Y 1.70%(-2.4bps), heavier volume in TY futures, S&P futures unch, crude -0.60%.  Core Euro bonds seeing strong rally on weak data, bund curve 5bps flatter with the 10Y -6bps @ -0.58% –  German...

20/09/2019

Market Update US tsys slightly lower on low volume in TY futures, 10Y 1.79%, curve flatter. Equity futures higher, S&P +6.5 and crude up 1.0%.  Quiet in core Euro bonds as well, bunds/gilts mixed. Mixed signals on Brexit –  EU Juncker saying a deal...