Free Trial

Tracking Lower For The Week


Equity Weakness A Headwind For INR


Consolidating Gains Above 200-Day EMA


Marginally Cheaper

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

Bear Steepening on Fed Watcher Comments, 2s30s Block Support

  • Large 2s30s steepener Block just now at 0935:14ET:
    • +11,470 TUZ2 102-62, through 102-01.75 post-time offer vs.
    • -3,000 USZ2 118-19, through 118-22 post-time bid.
  • Short end support following tweet/story from WSJ economics correspondent Nick Timiraos has seen sporadic counter selling from specs, fast$ accts skeptical over gist of message: 50bp hike in Dec instead of 75bp currently priced - softening expectations after a 75bp at the next FOMC on on Nov 2 current gives the Fed room to maneuver with other tools to combat inflation.
  • Dec 2Y futures surged to 102-04.62 high (+7) before paring move to 102-02.5 (+4.75) currently, bond futures remain under pressure, however, USZ2 at 118-13 (-201) currently vs. 118-06 low.

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.