Free Trial

Chicago Fed Pres Evans speaking in...>

US TSY FUTURES
US TSY FUTURES: Chicago Fed Pres Evans speaking in Chicago, BBg headlines:
"COULD BE' THERE'S ARGUMENT FOR A BIT MORE `INSURANCE'" 
"WEAK ISM MANUFACTURING DATA `NOT A GOOD SIGN'" "U.S. BUSINESS INVESTMENT HAS
BEEN ON `WEAK SIDE'" "DOWNSIDE RISKS ARE STRONGER THAN UPSIDE RISKS" "WELL
POSITIONED TO KEEP FED FUNDS IN 1.75%-2% RANGE" bbg. Short end got a little
boost on Evans' insurance comment but quickly pared rates holding narrow
range/off NY session lows. Yld curves mostly flatter, update: 
* 3M10Y  -1.463, -17.963 (L: -20.777 / H: -13.794)
* 2Y10Y  -1.304, 7.918 (L: 7.033 / H: 9.971)
* 2Y30Y  -0.825, 57.44 (L: 56.216 / H: 59.907)
* 5Y30Y  +0.034, 65.634 (L: 64.75 / H: 67.306) Current futures levels:
* Dec 2-Yr futures up 0.5/32  at 108-1.125 (L: 107-30.25 / H: 108-03.875)
* Dec 5-Yr futures up 1.5/32  at 119-30.5 (L: 119-23 / H: 120-04.5)
* Dec 10-Yr futures up 3/32  at 131-19.5 (L: 131-06.5 / H: 131-29)
* Dec 30-Yr futures up 6/32  at 164-19 (L: 163-18 / H: 165-07)
* Dec Ultra futures up 11/32  at 195-8 (L: 193-11 / H: 196-07)

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.