Free Trial

Tsys Gain on Huge Trade Balance Miss

US TSY FUTURES
    • US advance March goods trade balance -125.3B vs -106.3B expected
    • US wholesale inventories for March 2.3% versus 1.5% estimate
  • Huge trade miss lending to current bid in bonds, USM2 +15 at 142-29 - still off overnight high of 143-09. Yield curves mixeded, 2s10s -2.324 at 21.580, 5s30s +.161 inverted at -1.309.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.