RPT-MNI INTERVIEW: CPI Rent Easing To Continue - Apt List

MNI: Japan Sumitomo Life Eyes 30-Year JGBs Above 2%

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

MNI: PBOC Sets Yuan Parity Lower At 7.1048 Weds; -4.92% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.1048 WEDS VS 7.1059

MNI China Liquidity Index™ – Conditions Ease In April

MNI DATA TABLE: MNI China Interbank Liquidity Index (Apr) - 1

MNI DATA TABLE: MNI China Interbank Liquidity Index (Apr) - 3

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 Modest Further Rally With FOMC Ahead

US TSYS
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsFOMC Calendar Market News
  • Cash Tsys rally a little further after the late open following a Japanese holiday.
  • Yields are 1-1.5bps lower across the curve. The move has been aided by softer than expected UK CPI after yesterday’s CAD CPI miss, with the long-end still seeing support after yesterday’s strong 20Y auction.
  • TYM4 at 110-08+ (+ 04) has continued its lift off Monday’s low of 109-24+, a move that probed the bear trigger at 109-25+ (Feb 23 low). Resistance is seen at 110-24 (20-day EMA).
  • TY volumes are on the lower side at 245k, weighed by the holiday and likely to remain lackluster ahead of the FOMC decision.
  • Fed: FOMC decision and SEP (1400ET), Powell’s press conference (1430ET)
  • Data: Weekly MBA mortgage data (0700ET)
  • Bill issuance: Tsy to sell $60bn 17-W Bills (1130ET)
126 words

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.
  • Cash Tsys rally a little further after the late open following a Japanese holiday.
  • Yields are 1-1.5bps lower across the curve. The move has been aided by softer than expected UK CPI after yesterday’s CAD CPI miss, with the long-end still seeing support after yesterday’s strong 20Y auction.
  • TYM4 at 110-08+ (+ 04) has continued its lift off Monday’s low of 109-24+, a move that probed the bear trigger at 109-25+ (Feb 23 low). Resistance is seen at 110-24 (20-day EMA).
  • TY volumes are on the lower side at 245k, weighed by the holiday and likely to remain lackluster ahead of the FOMC decision.
  • Fed: FOMC decision and SEP (1400ET), Powell’s press conference (1430ET)
  • Data: Weekly MBA mortgage data (0700ET)
  • Bill issuance: Tsy to sell $60bn 17-W Bills (1130ET)