Free Trial

Bull steepening curve

US TSY FLOWS
  • US Curve is led by the shorter end despite looking at the strip at first glance, the curve is actually Bull steepening.
  • FVA tested last Friday's high at 123.0075, before the ISM beat
  • The 5s/30s is testing steepest level since mid Sep, with next target at 14th Sep high, 112.762, at ~111.

Chart source: Bloomberg

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.