Free Trial
GOLD

Edges Down From Multi Week Highs

BONDS

NZGBs Hold Firm

AUD

A$ Range Bound, Mixed On Crosses

JGBS

30-Year Supply Passes Smoothly

JGBS AUCTION

30-Year JGB Auction Results

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

Cheapening A Little

US TSYS

Tsys have nudged lower in recent trade, with the major cash benchmarks running 1.5-3.0bp cheaper, as 7s lead the weakness.

  • TYZ2 has printed as low as 110-26, with Tuesday’s base (110-22) providing initial technical support. A break below there would expose the 3.0% 10-DMA envelope. The bearish technical trend remains well and truly intact.
  • When it comes to drivers, we would point to the bear steepening of the JGB curve and previously flagged source reports pointing to the potential departure of U.S. Tsy Secretary Yellen (post-midterms) as potential drivers here.
90 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.

Tsys have nudged lower in recent trade, with the major cash benchmarks running 1.5-3.0bp cheaper, as 7s lead the weakness.

  • TYZ2 has printed as low as 110-26, with Tuesday’s base (110-22) providing initial technical support. A break below there would expose the 3.0% 10-DMA envelope. The bearish technical trend remains well and truly intact.
  • When it comes to drivers, we would point to the bear steepening of the JGB curve and previously flagged source reports pointing to the potential departure of U.S. Tsy Secretary Yellen (post-midterms) as potential drivers here.