Free Trial

Corrective Pullback


BLOCK, Late 10Y Buy


Eurodollar/Tsy Option Roundup


Needle Still Points South


Biden Approval Remains Underwater

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: A sedate overnight session for Tsys, with e-minis pushing to fresh
session highs at typing, while little Tsy market reaction was seen on the back
of U.S. President Tump's latest round of Chinese sabre rattling, nor on the back
of the Chinese PMI data. T-Notes last +0-03 at 139-02, yields 0.8-1.7bp richer
across the curve, 7s outperform. A reminder that month-end extensions are
notable, while rebalancing estimates favour flows into bonds and out of
- A sedate session for JGB futures, with liquidity thinned around the Golden
Week holiday period. The contract held a tight range, last +4, with bulls unable
to force a break of 153.00, and month-end extension estimates on the lower end
of average, allowing the cash curve to twist steepen at the margin in the
afternoon. Swap spreads are mixed. Little to note outside of the ongoing debate
re: the extension of the national state of emergency, downbeat rhetoric from PM
Abe and weak domestic data.
- In Australia, the brief, limited weakness for XM on the lack of RBA purchases
more than reversed. YM last unchanged, XM +2.5.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to

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.