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Yields on U.S. Treasuries continued their upward trend last week, with the yield on the benchmark 10-year U.S. note trading at 4.21% —the highest level since July. Additionally, the U.S. 2-year note climbed to yields not seen since August, trading at 4.04% on Friday. This sharp increase in bond yields follows the Fed’s recent 0.5 percentage point cut to the federal funds rate on September 18th, reflecting market expectations of higher interest rates in the coming years, despite the Fed’s recent rate reduction. Paul Tudor Jones commented on CNBC: “We’re going to go broke really quickly unless we get serious about dealing with our spending issues”. “The election uncertainty is adding to the upward pressure on Treasury yields, as the results could set the stage for further federal borrowing increases, with both Harris and Trump proposing tax cuts and new federal programs that could increase spending while reducing income for the U.S. Government. This creates a scenario where the market perceives a significant risk of increased U.S. Treasury supply, pushing yields higher” Jim Mahn, Global Head of Product. With ongoing volatility in the U.S. Treasury market and the potential for more ahead, it’s crucial to access the most accurate Treasury data from a reliable source. TraditionData offers comprehensive access to the U.S. Treasury Market, providing real-time streaming, hourly, and end-of-day data to ensure you’re making well-informed trading and investment decisions. Get in touch with our global sales team to find out more, or visit our website. 📧 datasalesglobal@tradition.com 💻 US Treasury Bond: https://lnkd.in/eaWAzbzU #TraditionData #TreasuryYields #USTreasuries #MarketData Tradition

With the dance of the Diya flames And the warmth of family ties, May your days be filled with laughter And your heart with endless skies. Wishing you a joyful Diwali! हर दीप में छुपी हो नई उम्मीद, खुशियों की हो बौछार, और प्रेम की हो रीत। इस दीवाली, आपके जीवन में खुशियाँ भर जाएं, बुराई का अंत हो, औरसुख-समृद्धि आएं। Wishing our clients, friends and colleagues a bright and prosperous Diwali from the #TraditionData team. #Diwali #FestivalOfLights  

I am proud to share that TraditionData has been shortlisted in four categories at the UK Search Awards 2024. This accomplishment underscores the dedication and teamwork behind our digital efforts, in close collaboration with Tyler Webb-Harding and the brilliant team at StrategiQ. Their expertise has been instrumental in helping to advance our digital marketing initiatives. As Global Marketing Manager for #TraditionData, I am particularly excited by how we are advancing our brand’s global presence in the #marketdata industry. To be shortlisted for awards such as these strengthens our resolve in setting new benchmarks for success. We look forward to continuing to push the boundaries of what we can achieve in the digital space alongside StrategiQ. 🔎 Best Use of Search - Finance (SEO) 🔎 Best Use of Search - B2B (SEO) 🔎 Best Low Budget Campaign (SEO) 🔎 Best Use of AI In Search #UKSearchAwards #Shortlisted #SEO #PPC #DigitalMarketing #Finalist Don't Panic Events

Join the #TraditionDataTeam tomorrow afternoon for FISD London, taking place at Google’s offices. Meet James Stanhope, Riley Frost, Shane Dillon, and Raphaël Cousseau to explore our swaptions surfaces for both CHF SARON and CAD CORRA, powered by data science. These surfaces provide comprehensive coverage of the global Swaptions and Cap/Floor markets, developed by our Global Analytics team using state-of-the-art tools. We generate pricing with our own proprietary volatility models, combined with advanced machine learning techniques, to create volatility surfaces for these illiquid and sparsely populated markets. Our data is checked daily by product and analytics specialists, and is available Direct from #TraditionData or via our vendor partners, #LSEG and #Bloomberg. Connect with our Sales team, or visit our website to find out more. 🌍 CHF SARON Swaptions Surface: https://lnkd.in/eYHKyXBs 🌎 CAD CORRA Swaptions Surface: https://lnkd.in/eZ3AYKjy 📧 datasalesemea@tradition.com #FISD #SARON #CORRA #MarketData #MachineLearning #TraditionData Tradition

Are you attending FISD Singapore this Thursday at Expand? Don't miss the opportunity to join Jackey Chong, Rina Othman, and Saracen Fletcher to discuss our comprehensive suite of products for the Asia market. In the fast-moving OTC markets, having data sourced direct from local markets across Asia is essential. TraditionData provides access to real market data from across the region. We operate in over 30 countries worldwide, with 16 offices throughout Asia Pacific. Our data solutions are backed by 45+ years of expertise in these markets. What we offer: Asian Interest Rate Options: ✔18 Asia-based IRO products ✔5+ years of historical data ✔1+ million external instruments ✔6,2k+ internal instruments FX & Money Markets: ✔25 Regional APAC desks ✔10 APAC FX brokerage offices ✔ 4k+ FX instruments covering 17 APAC currencies Interest Rates: ✔9k+ APAC rates instruments ✔14 APAC currencies We look forward to connecting with you at the event! Get in touch with our sales team, or visit our website to learn more. Settle for more locally sourced data. 🌍 Asian IROs: https://lnkd.in/etrxxqqw 📧 datasalesasia@traditionasia.com #FISD #FISDSingapore #TraditionData #MarketData #APAC #InterestRates Tradition

On Wednesday, FEDERICA FERRETTI will be attending the Macro Trends in Financial Markets ASSIOM FOREX Fall conference in Milan, which falls Just two weeks before the US Presidential elections. Discover how to keep on top of US market moves during these volatile times with TraditionData’s US Treasury Bonds and Repo data: comprehensive data products that helps you navigate changes and optimize your trading and risk management strategies. US Treasury Data Coverage Includes: ✔360+ Treasury securities ✔Both On-the-run and Off-the-run securities ✔Historical data up to 7 years Our Repo Coverage includes: ✔Four 30 minute snaps from 7:00 a.m. to 9:00 a.m. EST ✔Hourly snaps thereafter until 5:00 p.m. for repo bid and offer prices ✔Weighted average and sizes of trades from 7:00 a.m. to 10:00 a.m. EST Connect with Federica, or visit our website to discover more. 💻 US Treasury & Repo: https://lnkd.in/du2tDBpt 📧 datasalesemea@tradition.com #AssiomForex #ASFX24 #TraditionData #USTreasury #USRepo Tradition #marketdata

Yesterday's unexpected announcement revealed that the UK inflation rate dropped to 1.7% in September, marking its lowest level in over three years and falling below the Bank of England’s 2% target. With the UK base rate currently at 5%, this news has raised hopes of a potential rate cut in November. Many economists are forecasting a 0.25% reduction, and the likelihood of an additional 25bps cut before Christmas has also increased. However, further cuts will depend on inflation remaining low and the economy continuing to stabilise. The Bank of England has previously been cautious about cutting rates too quickly, but this announcement, combined with the recent news of UK economic growth resuming in August, could make the decision clearer. “Since the summer, we’ve observed declines in both the 1Y GBP SONIA rate and the 1Y UK CPI Inflation swap rates, as shown in the graph below, supporting the case for a UK rates cut in the near future.” Ian Sams, Head of Product – EMEA. TraditionData provides comprehensive coverage of GBP interest rates and inflation swaps, delivering precise data to empower our customers' business decisions. 💻 Full article: https://lnkd.in/dTCMjkhs 💻 Inflation Swaps: https://lnkd.in/eg3bQxdc 📧 datasalesglobal@tradition.com #UKEconomy #Inflation #InterestRates #BankOfEngland #MarketData #RateCut #TraditionData Tradition

Using the same modelling technique as in our recently launched CHF SARON surface, we generate prices using Tradition’s own CAD CORRA Swaptions data – coupled with the latest advances in machine learning – to create volatility surfaces for illiquid markets with sparse data. ✔ Checked daily by product and analytics specialists ✔ Available Direct from #TraditionData or via our vendor partners, #LSEG and #Bloomberg Get in touch with our Global Sales Team for more information, or visit our website. 💻 CAD CORRA: https://lnkd.in/eZ3AYKjy 📧 datasalesglobal@tradition.com #MarketData #CAD #Canada #VolatilitySurface #MachineLearning #CORRA #Swaptions #TraditionData Tradition

Oil prices surged almost 10% in the two weeks following Iran's ballistic missile attack on Israel on October 1st, settling at $79.04 per barrel at last week's close and trading above $80 per barrel—levels not seen since August. The primary driver behind this surge has been the heightened risk of escalation in the Middle East, compounded by short-term supply disruptions and a rush in U.S. demand triggered by Hurricane Milton in Florida. West Texas Intermediate (WTI) followed suit, closing at $75.56 per barrel last Friday. However, oil prices retraced on Monday, with Brent closing at $77.46 per barrel and opening at $75.25 per barrel on Tuesday. This decline followed China's highly anticipated Finance Ministry briefing on Saturday, which failed to introduce new measures to boost demand growth in the country. "Currently, two opposing forces are shaping near-term oil prices: rising geopolitical risks and a bearish demand outlook, combined with the possibility of increased OPEC production. The ongoing tensions between Israel and Iran raise concerns about a broader regional conflict that could threaten global oil supplies. At the same time, China's sluggish economic performance and OPEC's substantial spare capacity could soften the impact of production disruptions.” Francesca Marrone, C&E Product Manager. The prevailing bearish sentiment has negatively impacted the earnings of major oil companies for last quarter. Bloomberg announced last Friday that its third-quarter profit would be reduced by up to $600 million due to weak refining margins and lower oil product prices. This marks a significant drop in profitability for global refiners, reversing the strong returns seen post-pandemic. Other oil giants, including Shell and ExxonMobil, have also reported similar declines in refining margins and profits. Oil prices fell by 17% in the third quarter—the largest quarterly drop in a year—while gasoline prices dropped nearly 11% during the same period, despite the usual seasonal demand (as reflected by the N.W.E. Gasoline Swap historical chart below, the main European gasoline benchmark). (Source: BBG) TraditionData’s Oil pricing data products provide valuable insights into oil market movements, particularly in times of high volatility. Our extensive coverage of global oil benchmarks supports clients navigating complex market dynamics, driven by geopolitical risks, supply disruptions, and shifting demand patterns. 💻 Full article: https://lnkd.in/dNx4rKpk 💻 Oil: https://lnkd.in/dSE4eC3f 📧 datasalesglobal@tradition.com #OilPrices #MiddleEast #EnergyMarket #BrentCrude #OilMarkets #TraditionData Tradition

It has been an eventful week for the South Korean market. Last Thursday, global financial market index provider FTSE Russell announced that it will add South Korean government bonds to its FTSE World Government Bond Index (WGBI) after years on its watchlist. According to the announcement, the inclusion will take effect in November 2025, with South Korean bonds projected to hold a 2.22% weighting in the WGBI, based on market value. This would make South Korea the ninth-largest contributor to the index, a move expected to attract billions of dollars in foreign investment into the local bond markets. Additionally, on Friday last week, the Bank of Korea (BOK) cut its key interest rate for the first time in 38 months to stimulate domestic spending, amid a recent slowdown in inflation. A majority of economists polled had anticipated BOK to reduce its key interest by 25 basis points to 3.25% on Friday. Most also believe this will be the only rate cut this year, as the BOK attempts to balance economic growth with financial stability. “This move follows a drop in consumer price inflation to 1.6% in September, falling below the government’s target of 2%. The market is currently pricing the expected reduction in the Korean Overnight Financing Repo Rate (KOFR) into the 1M (KRWKF1MOIS=TRDS) and 1W (KRWKFSWOIS=TRDS) tenors with the mid price within touching distance of the expected new benchmark rate.” Saracen Fletcher, APAC Product Development. TraditionData offers a comprehensive suite of Overnight Indexed Swap (OIS) pricing, covering 25 currencies. Our data provides valuable information on current market conditions and trends, supporting informed decision-making for traders and institutions navigating the dynamic OIS market.   💻 Full article: https://lnkd.in/dmZUXTfg 💻 OIS: https://lnkd.in/ekyFrnWk 📧 datasalesglobal@tradition.com #SouthKorea #BankofKorea #KOFR #MarketData #TraditionData Tradition