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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
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Data
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Global Macro
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Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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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.
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 AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
*** After a steady/mixed open,......>
US TSYS SUMMARY: *** After a steady/mixed open, Tsys trading session highs into
midday, curve bull steepens (!), heavy futures volume (TYZ>1.6M so far) amid
ongoing Dec/Mar roll activity.
- Reflation trade apparently back on as US$ rebounded, equities surged (emini
new high +15.25, 2617.0, after massive +50k buy/$5B+ nominal) and Tsys ylds
slipped (10Y 2.308%). Incidentally, gold also posted gains (XAU +1.8, 1296.35)
after massive $1B+ futures sale.
- Politics meets policy: confirm'n hearing Fed Chr nom Powell, Powell says case
for Dec rate hike "coming together". Underscores patiently normalizing rates; no
view on tax reform. Politics: US gov shutdown chances up after late morning news
that Hse Minority Leader Pelosi/Senate Min Leader Schumer ill skip meet w/Pres
after Trump Tweeted he didn't see deal anyway.
- Early two-way flow w/futures holding narrow range for much of fist half,
little react to second tier data and Fed speak (Dudley), no carry-over support
from higher Bunds. Better buying across curve by midmorning, fast-/real$,
bank/insurance portfolios, fast$ 2s10s flattener unwinds, pre-auction sales.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.