Free Trial

After treading water through most of the....>

US TSYS
US TSYS: After treading water through most of the Asia-Pac session, despite
decent volumes, strong selling interest as we approach the European session has
seen some downside in UST's, 10-Year future last down 4 ticks at 122.20+.
- Approximately 9k given in the quick move down from 123.00 to lows of 122.29. 
- MNI technical analysis sees support at 122-28+ Daily Bear channel base,
122-22+ Monthly Low Apr 4 2014. 
- MNI sources note a wave of positive risk sentiment as Europe arrives as Asia
players become more convinced by the BoJ "stealth tapering" narrative as JGB's
drift lower, and a weaker yuan that suggest a return to market liberalisation
from the PBOC.

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.