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MNI BRIEF: German Banks Stable, But Rate Risks Remain - Buba

RPT-MNI INTERVIEW:Increased UK Linker Sales Not Inflation Play

RIKSBANK: PREPARED TO RAISE POLICT RATE FURTHER IF NEEDED

Services prices and labour market tightness to concern the MPC

PMI: "Renewed signs of sticky inflation"

MNI: UK NOV FLASH SERVICES PMI 50.5 (FCST 49.5); OCT 49.5

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

Consolidating Post CPI Rally Amidst Heavy Volumes, Data In Focus

US TSYS
Homepagemarkets-real-timeBulletMarketsFixed Income News
  • Cash Treasuries have seen two-way trade overnight but currently sit just 1-1.5bp cheaper across the curve, consolidating yesterday’s significant rally after softer than expected US CPI. Data remains firmly in focus today with a heavy slate including retail sales and PPI amongst others.
  • 2s10s has seen an intraday steepening to -39bps (with Asia-Pac swap desks noting fast money steepener flow) but remains off yesterday’s post-CPI high of -36.5bps.
  • TYZ3 at 108-22 trades at the low end of the day’s range off 108-20, on very solid volumes of nearly 500k after an active European session following softer than expected UK CPI. Support is seen at 107-00 (Nov 13 low) but the bull cycle is seen remaining in play with resistance at 108-31 (Nov 14 high).
  • Data: Weekly MBA data (0700ET), Retail sales Oct (0830ET), PPI Oct (0830ET), Empire mfg Nov (0830ET) and Business inventories Sep (1000ET).
  • Fedspeak: VC Supervision Barr (0930ET), Barkin (1530ET)
  • Bill issuance: US Tsy $56B 17W Bill auction (912797JJ7) – 1130ET
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  • Cash Treasuries have seen two-way trade overnight but currently sit just 1-1.5bp cheaper across the curve, consolidating yesterday’s significant rally after softer than expected US CPI. Data remains firmly in focus today with a heavy slate including retail sales and PPI amongst others.
  • 2s10s has seen an intraday steepening to -39bps (with Asia-Pac swap desks noting fast money steepener flow) but remains off yesterday’s post-CPI high of -36.5bps.
  • TYZ3 at 108-22 trades at the low end of the day’s range off 108-20, on very solid volumes of nearly 500k after an active European session following softer than expected UK CPI. Support is seen at 107-00 (Nov 13 low) but the bull cycle is seen remaining in play with resistance at 108-31 (Nov 14 high).
  • Data: Weekly MBA data (0700ET), Retail sales Oct (0830ET), PPI Oct (0830ET), Empire mfg Nov (0830ET) and Business inventories Sep (1000ET).
  • Fedspeak: VC Supervision Barr (0930ET), Barkin (1530ET)
  • Bill issuance: US Tsy $56B 17W Bill auction (912797JJ7) – 1130ET