Free Trial
OIL

WTI-Brent Steady After Recent Fall

USD

Some fading

EMERGING MARKETS

EM FX Suffering Despite Aggressive Tightening

NATURAL GAS

Nord Stream Turbine Likely for Discussions at G7

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
BOND SUMMARY
BOND SUMMARY: A recovery in risk appetite has pressured the core FI space in
early Asia-Pac trade, with U.S. equity futures edging higher, even as major
regional stock indices remain in negative territory. Worth highlighting that
today is very quiet in terms of data releases, while little fresh headlines have
hit the wires so far.
- T-Notes have dropped somewhat and last trade -0-03+ at 127-06. Cash Tsy yields
are trading 1.9bp to 3.0bp higher across the curve, with some bear flattening
apparent. Eurodollar futures are 0.5 tick higher to 2.0 ticks lower through the
reds. This comes ahead of the FOMC MonPol decision, due on Wednesday.
- JGB futures last seen at 153.51, 5 ticks below settlement, even as the Nikkei
225 has operated in the red so far. Yields are 0.3bp lower to 0.6bp higher
across the curve, with the super-long end outperforming.
- In Australia, Ym last trades 3.5 ticks lower, with XM 2.0 ticks worse off.
Aussie bond yields sit 2.7bp to 5.1bp higher, while the curve has bear
flattened. Bills are trading 3-5 ticks lower through the reds. Macquarie said
they now exp. the RBA to cut its cash rate to 0.5% by the end of 2021.

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.