MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

MNI: UK NOV FINAL MANUF PMI 48.0 (FLASH 48.6); OCT 49.9

MNI: EUROZONE NOV FINAL MANUF PMI 45.2 (FLASH 45.2); OCT 46.0

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

MNI: EUROZONE OCT UNEMPLOYMENT RATE 6.3%

MNI: GERMANY NOV FINAL MANUF PMI 43.0 (FLASH 43.2); OCT 43.0

MNI: FRANCE NOV FINAL MANUF PMI 43.1 (FLASH 43.2); OCT 44.5

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

Cheaper On Monday

US TSYS

TYM3 deals at 115-07+, +0-02, in line with late NY levels.

  • Cash tsys finished 7-9bps cheaper across the major benchmarks.
  • Tsys were pressured as the latest quarterly NY Feds quarterly loans officers survey showed banks tightened lending standards in Q1.
  • Corporate issuance activity saw Tsys come under further pressure, as rate locking activity weighed.
  • Earlier in the session Amid light volumes, due to London markets being closed due to the observance of a national holiday, tsys were pressured through the London session. There was no overt headline driver as participants perhaps focused on the headline number of Friday's NFP which saw the unemployment rate tick unexpectedly lower.
  • Fed dated OIS now price ~90bps of cuts in 2023 with a terminal rate of 5.10% in June.
  • There is a thin data calendar on Monday. Fedspeak from Fed Governor Jefferson and NY Fed President Williams will cross.
BulletMarketsFixed Income BulletsHomepageBond Market News
BulletMarketsFixed Income BulletsHomepageBond Market News

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.