MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

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%

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 Flattens In Asia

US TSYS

TYU3 deals at 111-08+, +0-04+, a touch off the top of the 0-10+ range on volume of ~83k.

  • Cash tsys sit 1-5bps richer across the major benchmarks, the curve has bull flattened.
  • Tsys were marginally firmer in early dealing as Asia-Pac participants faded yesterday's cheapening, perhaps using the opportunity to enter fresh long positions/close out shorts.
  • The long end of the tsy curve has extended gains though the Asian session, perhaps today's slated 3-Year issuance weighed on the short end in Asia. The move came alongside an uptick in the USD and weakness in US Equity Futures and Regional Equities.
  • Ranges remained narrow for the most part, and little meaningful macro news flow crossed.
  • The final print of German CPI headlines in Europe, further out we have trade balance as well as wholesale inventories and trade. Fedspeak from Philadelphia Fed President Harker and Richmond Fed President Barkin is due. We also have the latest 3-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.