MNI BRIEF: Inflation Risks Now Shifted To Downside-BOE Ramsden

MNI: Goolsbee Says Stalled Inflation Means Wait Before Moving

MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

A Little Weaker, With PMIs Eyed

US TSYS SUMMARY

Treasuries weakened a little in European hours following an uneventful Asia-Pac session, all well within Thursday's ranges.

  • With no supply or speakers, the only remaining item on the week's schedule is July Flash PMI at 0945ET.
  • Tsy weakness comes alongside equity strength, with S&P eminis nearing all-time highs. Dollar slightly higher too.
  • Sep 10-Yr futures (TY) down 5.5/32 at 134-02.5 (L: 134-01/ H: 134-07), on light volumes (<200k). Note for the 2nd consecutive session, we've had a Japanese market holiday.
  • Our tech analyst highlights first support at 133-26; 135-07 is the Jul 20 high and the bull trigger.
  • Curve is bear steepening slightly. The 2-Yr yield is down 0.4bps at 0.196%, 5-Yr is up 0.5bps at 0.7231%, 10-Yr is up 1.3bps at 1.2914%, and 30-Yr is up 1.4bps at 1.9301%.
  • NY Fed buys ~$6.025B of 4.5-7Y Tsys.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.