Free Trial

Core bond futures stuck to a tight.....>

BOND SUMMARY
BOND SUMMARY: Core bond futures stuck to a tight range overnight, stuck between
an uptick in equity markets, soft Chinese data and a RTRS source report which
suggested that "President Trump is expected to sign an executive order this week
barring U.S. companies from using telecommunications equipment made by firms
posing a national security risk, paving the way for a ban on doing business with
China's Huawei." This was later confirmed by an official.
- T-Notes last +0.02 at 124+12+, with cash Tsy yields marginally mixed.
- JGB futures have stuck to a tight range, with the BoJ leaving the size of its
5-10 Year and JGBi purchases unchanged in the latest round of Rinban operations.
Japanese Finance Minister Aso offered little new in his latest address, with the
same holding true for BoJ Governor Kuroda.
- The Aussie Bond space looked through local data and the latest ACGB auction
ahead of tomorrow's integral labour market report. YM & XM trade +0.5 tick, with
YM/XM at 48.5 ticks and the cash equivalent at 44.8bp. Bills trade 1 tick lower
to 1 tick higher through the reds.
- German FI futures sit ever so slightly higher.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.