Free Trial

Late Risk Appetite Gathers Momentum


Fresh Bear Cycle Low


Fiscal Tightening And Yield Curves


Bullish Extension



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

Big Range on Reversal

Long end support has completely evaporated, Bonds leading sale to new session lows over last hour, wide ranges on heavy volumes (TYU already over 1.5M) as yield curves bear steepen after Monday's sharp bull flattening. Risk-on gains traction as equities continue to improve (ESU1 +56.0).
  • Current 10YY at 1.2053% after falling to 1.1260% earlier (early Feb level), 30YY currently 1.8508% vs. 1.7781% low.
  • Trading desks report prop and fast$ accts sold 5-10s early, steepeners in 2s and 5s vs.10 and 30s, real$ selling 30s, deal-tied selling in shorts to intermediates. Some long end buying from dealers in 30s more recently.
MNI Chicago Bureau | +1 312-431-0089 |
MNI Chicago Bureau | +1 312-431-0089 |

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.