14/02/2017

Market Update US tsys slightly lower, 10Y 2.44% , little reaction to stronger than exp PPI. Mkt awaits 10am Fed Yellen semi annual testimony.  Narrow three tick range in Ty1 on low volume (250k). Last nite Dallas Fed Kaplan advocated removing accommodation sooner...

13/02/2017

Market Update US tsys opening NY trading weaker, curve steeper with the 10Y note 2.44 (+3.4bps) . Nothing on the calendar today, mkt awaits Yellen semi-annual testimony tomorrow, PPI & CPI as well. JGBs lower, Japan Q4 GDP rose for the fourth straight quarter @...

10/02/2017

Market Update Rates trading weaker, lower half of modest overnight range. Relative quiet with ongoing risk-on mood after US President Trump promised new tax measures Thursday. US Treasuries prices open NY weaker after overnight two-way flows. Trump/Japanese PM Abe...

09/02/2017

Market Update US tsys lower, curve steeper 10Y 2.352% (+3.2bps) reversing most of Wed rally on light volume  in TY futures.  A large bearish bet in Eurodollar options betting on a more aggressive Fed next year , four rate hikes by June 18. European yields higher, 10y...

08/02/2017

Market Update Us tsys higher, yields 2-3bps lower led by the 7Y , picking up on strength in EGBs. Core Europeanbonds aharply higher, flatter , German 10Y 0.30% at one month low. Stop loss buying in binds, dovish comments from ECB Weidmann who said ECB was in no rush...