Trial now

Opening calls


SAGBs Firm at the Open, Risk Premia Ease W/W


Better selling on the European open


Day ahead

US TSYS: T-Notes now sit in positive territory, a couple of ticks shy of the
early session highs, with the latest round of Midterm results/betting
markets/projections pointing to a high probability of the Democrats winning the
House, with focus now moving to the margin of victory.
- Volatility was observed during the early declarations/projections, although
the market has operated on a surer footing over the last hour or so as greater
certainty came to the fore, with Fox News one of the first to project a Democrat
victory in the House.
- The Republicans have held the Senate.
- The curve sits flatter on the day.
- The White & Red Eurodollar contracts last trade 0.5 to 1.0 tick higher.
- T-Notes last 118.03+, U.S. 10-Year cash Tsy yields last 3.195%.
MNI London Bureau | +44 0203-865-3809 |