Key Points   • U.S. Treasury mid yields fall to 1.9% • U.K. GDP fell 0.2% in Q1 2012 the U.K. is in recession for the first time since 2009 • Successful Spanish bill auction on April 17 sold €3.18

U.S. Treasury benchmark 10-year bond mid-yields ended March at 2.22%, 24.05 basis points higher than at the end of February, after reaching a high of 2.38% on March 19 – a level not seen since October 27, 2011. Aside from the mid month yield spike, however, the Treasury market was relatively quiet in March.

Gilt volume hits record high in February  ECB LTRO on 29 February provides €529.5 bn of additional liquidity  Mid yields on benchmark 10 year U.S. Treasury bonds started February at 1.85% and ended at 1.98% after reaching a high

Without a doubt the Euro zone crisis has proved to be a very testing time for all participants in the government bond markets.  On Tradeweb, the volatility in the European market and reintroduction of quantitative easing in the UK has

Trading volumes on Tradeweb for interest rate swaps hit record highs on Tuesday, 12 July 2011, as buy-side customers increasingly turn to electronic marketplaces to access liquidity during highly volatile market conditions.

Round Robin technology introduced by Tradeweb in December 2010 has dramatically increased the ability of institutional investors to pair off TBA ("to beannounced") mortgage pool transactions with dealers, providing both parties with an electronic alternative to "manual" assignments, limiting the

Despite the sweeping bailout package and a government bond buying spree by European central banks, the Euro-Zone crisis is starting to impact corporations' ability to raise new capital. Spreads have widened considerably on credits for corporations based in the peripheral Euro-Zone countries - Portugal, Italy, Ireland, Greece and Spain - relative to those in the core European markets of Germany and France according to Tradeweb data.

As the Euro-Zone credit crisis intensifies, the interest rate swaps market is showing resilience, according to Tradeweb. Globally, trading in all interest rate swaps on the Tradeweb platform has increased by more than 60% year to date compared to the same period in 2009. Average daily trading volume now exceeds $5 billion, with a DV01 average of more than $2 million in May.

As the BP oil spill now enters its third month of uncontrolled gushing into the Gulf of Mexico, the enormous financial impact of the incident has begun to take its toll on the credit risk of the entire oil industry. By tracking asset swap spreads for a representative group of oil and exploration companies that includes BP, Shell, Total and Repsol, Tradeweb has found that even companies unrelated to the Gulf spill have seen their spreads widen dramatically.

The inflation-linked security market is showing signs of renewed activity, following the increase in UK CPI reported this year. UK inflation increased from 3% to 3.4% in March and market participants have been increasing their participation in the Index-linked sector to express their views on the future of inflation and real rates of return in the UK.