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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.
CANADA
- BAX yields finally pause for breath having cranked higher in recent weeks, with the Dec’22 yield of 4.225% currently unchanged at yesterday’s close which happened to exactly equal the prior cycle closing high from Jun 14 just ahead of the FOMC’s first 75bp hike.
- Yields are seen broadly stable through the Mar’23 before seen to invert at an increasingly slow pace:
- a small 2bp push higher for the Dec’23 helps continue to chip away at BAZ2/BAZ3 inversion to now -0.305 from -0.750 at the end of July in a broadly similar retracement to that seen in Eurodollars on the prospects of higher rates for longer.
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.
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