CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Core FI Firms Up, RBA's Ellis To Speak Shortly

BOND SUMMARY

A little leg higher in T-Notes, but yesterday's range remains intact. The contract trades +0-03 at 140-08 at typing, with news wires carrying comments from U.S. President Trump re: measures vs. TikTok & Wechat. Curve has bull flattened in cash trade, with yields sitting 0.2-1.5bp lower at typing. Eurodollar futures last seen unch. to -0.5 tick through the reds. Participants await Chinese trade data and, looking further afield, U.S. NFP report.

  • JGB futures slipped after the re-open, but have bounced off lows and last trade at 152.29, 5 ticks better off. Cash JGB yields are mostly little changed, with 2s outperforming. No changes to size purchases during today's round of the BoJ's 1-3 & 5-10 Year Rinban ops.
  • Aussie YM trades +0.5 & XM sits +3.0 hitting session highs. Cash curve runs flatter, sits lower (yields 0.4-5.6bp worse off). Bills running -1 to +1 tick through the reds. The SoMP revealed little new vs. the recent RBA rhetoric. We are now waiting for RBA Asst Gov Ellis to comment on the document.
BulletMarketsFixed Income Bullets
BulletMarketsFixed Income Bullets

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.