04/03/2019

Market Update Tsys trading firmer, 10Y 2.75% (-0.5bps), modest volume in TY futures (275k).   Equity futures higher on trade optimism, S&P +0.70%. data calendar thin with only Dec Const Spending. China and US close to trade pact that could lift all US...

01/03/2019

Market Update US tsys lower, yields 2-2.5bps higher, 10Y 2.735%, above avg volume in TY futures (470k). German bunds lower as well, 10Y bund 0.20%.  European stocks at the highest in five months, Euro Stoxx third straight weekly gain  despite weaker ...

28/02/2019

Market Update US tsys higher, yields 1.5-2.0 bps lower, 10Y 2.665% (-1.8bps),  US Q4 GDP expected at 2.2%  vs 3.4%  in Q3, forecasts were adjusted lower after a 1.2% plunge in Dec retail sales, the sharpest one month decline  since Sep 2009. A few...

27/02/2019

Market Update US tsys trading slightly higher ahead of Fed chair Powell 2nd day of testimony before the US House,  10Y 2.63%, avg volume in TY futures. SPX futures lower, USD index off the lows.  Crude 2% higher 56.65 after Saudis said OPEC will stick to...

26/02/2019

Market Update US tsys trading higher, 10Y 2.64%(-2bps), after US Dec Housing Starts fell to a two-year low (-11.2% m/m vs -0.1% exp.) and as German bunds reverse earlier declines. Fed Chairman Powell speaks before US Congress at 10:00am. UK Gilts lagging, 10Y...

25/02/2019

Market Update US tsys trading lower, yields 2-2.5bps higher, 10Y 2.68% (+2.5bps), roll from March to June responsible for volume in TY futures (590k).  S&P futures higher, emini above 2,800 for first time since Dec 3rd.  Trump said he would extend the...