MNI BRIEF: Frugals Block EU Feb Summit Call For Joint Funding

MNI BRIEF: BOC Rate-Cut Talk Is Premature, Macklem Says

BOC SAYS GOVT TO AMEND LAW TO ACCOUNT FOR QE LOSSES

MNI: FED BALANCE SHEET TOTAL ASSETS -$18B TO $8.471T

Coming up in the Asia-Pac session on Friday

Mixed Currency Performance Across G10 Following US Growth Data

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
CNH

China Related Assets Continue To Rise

AUSSIE 3-YEAR TECHS

(H3) Falters on Firm CPI

JPY

USD/JPY Rebound, But Remains Within Recent Ranges, Tokyo CPI Out Today

AUD

AUD/USD Dips Sub 0.7100 Supported, PPI & Trade Prices On Tap

MNI: FED BALANCE SHEET TOTAL ASSETS -$18B TO $8.471T

NZD

Rangebound, ANZ Business Survey On Tap

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
Trending Top 5
Market News Topics

Cash Firmer & Flatter Post-U.S. CPI, Futures Away From Overnight High

JGBS
HomepageBond Market NewsBulletMarketsFixed Income News

The super-long end of the JGB curve leads the early Tokyo bid, with the major benchmarks running flat to 7bp richer, although 10s lag vs. surrounding lines owing to the distortions provided by the BoJ’s YCC settings, which have limited losses in that benchmark during recent rounds of cheapening.

  • The 5-/30-Year yield spread now operates ~20bp off of the cycle high and ~12bp off this week’s steeps.
  • Meanwhile, futures have backed away from their overnight peak to last trade +41.
  • Local headline flow has seen familiar tones re: FX from top currency diplomat Kanda and Finance Minister Suzuki, while the latter also pointed to no firm decisions being made re: sources of funding for the country’s defence budget.
  • Elsehwere, PPI data was firmer than expected in Y/Y terms, but provided a modest downside surprise M/M. The prior month’s readings were revised higher.
142 words

To read the full story

Why Subscribe to

MarketNews.com

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.

The super-long end of the JGB curve leads the early Tokyo bid, with the major benchmarks running flat to 7bp richer, although 10s lag vs. surrounding lines owing to the distortions provided by the BoJ’s YCC settings, which have limited losses in that benchmark during recent rounds of cheapening.

  • The 5-/30-Year yield spread now operates ~20bp off of the cycle high and ~12bp off this week’s steeps.
  • Meanwhile, futures have backed away from their overnight peak to last trade +41.
  • Local headline flow has seen familiar tones re: FX from top currency diplomat Kanda and Finance Minister Suzuki, while the latter also pointed to no firm decisions being made re: sources of funding for the country’s defence budget.
  • Elsehwere, PPI data was firmer than expected in Y/Y terms, but provided a modest downside surprise M/M. The prior month’s readings were revised higher.