Free Trial

Core global bonds have drifted lower...>

BOND SUMMARY
BOND SUMMARY: Core global bonds have drifted lower in Asia-Pacific hours, to
flirt with their respective post-FOMC lows, although there has been little in
the way of headline catalysts apparent, allowing markets to fully digest the
latest FOMC MonPol decision.
- BBG headlines from the North Korean foreign minister suggested that Trump &
Kim are willing to hold a third summit, although this had little impact on the
global FI space.
- T-Notes last trade at 123.16+, U.S 10-Year cash Tsy yields closed at 2.500%
Eurodollar futures trade 1.0 to 3.0 ticks lower through the reds.
- In Australia, YM trades 2.0 ticks lower on the day, with XM -0.5 tick. YM/XM
trades at 53.0 ticks, with the cash equivalent at 48.9bp. Bills trade 1-2 ticks
lower through the reds.
- German fixed income futures returned from the Labour Day holiday, and edged
lower, in sympathy with the broader trend. Schatz -0.5 tick, Bobls -7.0 ticks,
Bunds -19 ticks.
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.