CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Attention on US ADP and Fed speakers

US TSYS SUMMARY

US Treasuries have dislocated against EGBs during our European morning session, with EGBs higher and taking their cue from the EUR sell off.

  • Treasuries have drifted lower, as Equity futures saw better buying led by Etoxx, on the hope of more stimulus in the EU and the lower EUR benefiting exporters.
  • US curve is bear flatter on the margin, but Tnote have been confined in a limited range (139.09-139.14, low/high).
  • Looking ahead, ADP will get some attention ahead of NFP tomorrow.
  • U.S. Releases Fed Beige Book.
  • Fed speakers scheduled are Williams, Mester and Daly,
  • 2y yields up 0.5bp today at 0.138%
  • 5y yields up 1.3bp today at 0.267%-
  • 10y yields up 2.1bp today at 0.691%
  • 30y yields up 2.3bp today at 1.444%
BulletMarketsFixed Income BulletsForeign Exchange Bullets

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.