Free Trial

2Y Yld > 3%, Don't See That Often

US TSYS

Heavy short end selling post CPI has 2Y yield climbing over 3% for first time since June 2008 as mkts price in multiple 50bps rate hikes (dealers hiking estimates w/ Barclays calling for surprise 75bp hike from the Fed next week, see 1010ET and 1026ET bullets).

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.