© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
AUSSIE BONDS

Local & Chinese Data Aid Pullback

CNH

CNY Fixing Sticks To Weaker Bias

AUD

AUD/USD Through Overnight Lows

BOJ

Fixed Rate Operation Offer

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

TYM2 Back From Cycle Lows

US TSYS
BulletMarketsFixed IncomeBond Market News

TYM2 back from worst levels of the day, which suggests the previously outlined move to fresh cycle lows was largely flow-derived (although Nomura’s new hawkish Fed call seemingly provided the headline catalyst for the move), with the contract 0-07 off of worst levels, last -0-09 at 118-15. Note that the TU-UXY contracts have seen similar moves after breaching their respective Thursday troughs. Cash Tsys run 1-5bp cheaper across the curve, with 2s leading the cheapening.

75 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

TYM2 back from worst levels of the day, which suggests the previously outlined move to fresh cycle lows was largely flow-derived (although Nomura’s new hawkish Fed call seemingly provided the headline catalyst for the move), with the contract 0-07 off of worst levels, last -0-09 at 118-15. Note that the TU-UXY contracts have seen similar moves after breaching their respective Thursday troughs. Cash Tsys run 1-5bp cheaper across the curve, with 2s leading the cheapening.