MNI BRIEF: US May Existing Home Sales Pace Falls 0.7% To 4.11M

MNI INTERVIEW2: Uninsured Bank Deposits Still Vulnerable-Bair

CANADA APR RETAILS +0.7%, MATCHING FORECAST, PRIOR -0.3%

MNI BRIEF: China Hopes EU To Ease Frictions Via Negotiations

MNI: PBOC Net Injects CNY8 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1196 Fri; -1.41% Y/Y

MNI: BAKER HUGHES US RIG COUNT 588; OIL RIGS 485; GAS RIGS 98

EZ/UK Bond Supply Calendar: EU Auction, BoE APF Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

Core FI Hug Tight Ranges, U.S. Tsy Curve Flattens

BOND SUMMARY

T-Notes have inched higher in a modest correction of yesterday's slide seen after the release of FOMC minutes, while sticking to a tight 0-03 range. The contract last trades +0-00+ at 139-12+. Cash curve has bull flattened as regional investors have been happy to fade the steepening/take profit on existing steepener positions after the aforementioned FOMC minutes. Eurodollar futures trade unch. to -0.5 tick through the reds.

  • JGB futures had a brief look under overnight lows, but have recovered since and last trade at 151.90, -5 ticks vs. settlement & already off the earlier session high of 151.93. Cash JGB yields mostly trade a touch cheaper, with only 2s & 10s trading marginally richer. Focus falls on 5-Year JGB supply.
  • In Australia, YM last -0.5 & XM -0.5; the latter failed to test its SYCOM lows despite ebbing lower in early Sydney trade. ACGB yields sit marginally higher across the curve. Bills last seen -1 to +1 tick through the reds. The RBA refrained from bond purchases today.
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.