MNI: GERMANY OCT EXPORT PRICE INDEX 0.3% M/M, 0.6% Y/Y

MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1877 Fri; -1.39% Y/Y

MNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks

MNI BRIEF: China Sees Progress On EU EV Deal

MNI: SWEDEN Q3 GDP +0.7% Y/Y

MNI: SWEDEN OCT RETAIL SALES +0.9% Y/Y

MNI JAPAN NOV TOKYO CORE CPI +2.2% Y/Y; OCT +1.8%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

Curve Flattens On Wednesday

US TSYS

TYZ3 deals at 108-04, +0-06, in line with late NY levels.

  • Cash tsys finished 1bp cheaper to 14bps richer across the major benchmarks, the curve twist flattened pivoting on 5s.
  • The minutes of the September FOMC meeting facilitated a recovery from session lows, which showed a majority expect one more hike while some members see no more hikes required. Members noted the risks of overtightening now had to be balanced against keeping inflation on a downward path toward 2%.
  • Earlier in the session there was little reaction to the latest round of US data, headline PPI was a touch firmer than forecast.
  • The latest 10-Year Auction tailed, an average bid/cover ratio and indirect take up was observed.
  • There is a thin docket in Asia today, further out the September CPI print headlines today and we also have the latest 30-Year Supply. Fedspeak from Logan, Bostic and Collins is due.
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.