MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

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

Curve Bull Flattens On Tuesday

US TSYS

TYU3 deals at 111-14, +0-01, in line with late NY levels.

  • Cash tsys finished 1-6bps richer across the major benchmarks, the curve bull flattened.
  • Tsys observed narrow ranges yesterday, with little follow through on moves, firming through the European session as spillover from Bunds provided support to the wider space.
  • There was little reaction to the latest round of data, the proximity to Thursdays CPI perhaps limiting activity.
  • Philadelphia Fed President Harker noted that the Fed doesn't want to overdo it with tightening, and will probably start cutting rates sometime next year.
  • The latest 3-Year auction stopped through, a strong bid/cover ratio and indirect take up were observed.
  • In Asia today official CPI & PPI data from China provide the highlight, further out the docket is thin with just MBA Mortgage Applications due. We also have the latest 10-Year supply.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.