MNI BRIEF: Investors Mortgaging Record Share of Canadian Homes

AUGUST FLASH RETAIL SALES +0.5%, STATISTICS CANADA SAYS

MNI: Canada Retails Show Q3 Strength As BOC Mulls Pace Of Cuts

MNI China Daily Summary: Friday, September 20

MNI BRIEF: China's August Electricity Growth Up 8.9% Y/Y

CHINA PRESS: Foreign Bond Holdings Up In August

MNI: BAKER HUGHES US RIG COUNT 588; OIL RIGS 488; GAS RIGS 96

EZ/UK Bond Supply Calendar: ESM Upcoming Synd; EU, BE On Mon

MNI: CANADA AUG INDUSTRIAL PRICES -0.8% MOM; EX-ENERGY -0.2%

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

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

Cash Bonds Cheaper After US & UK Airstrikes

US TSYS

TYH4 is trading at 112-10, +0-00+ from NY closing levels.

  • US tsys are flat to 2bps cheaper, with a flattening bias, most likely in response to higher oil prices after US and UK airstrikes hit Houthi rebel targets in Yemen.
  • Military actions against the Iran-backed group were initiated in response to a series of attacks on vessels in the Red Sea.
  • These strikes signify a substantial escalation in the ongoing conflict in the Middle East, which commenced with the Hamas attack on Israel in early October. If this conflict expands, it has the potential to drive oil prices higher.
  • After yesterday’s US CPI data, which was more-or-less in line with expectations, the market now awaits PPI data later today. MN Fed President Kashkari also speaks about economic conditions (1000ET).
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.