Free Trial
USDCAD TECHS

Flirting With 50-Day EMA Support

US TSYS

Weak Data Over 50Bp ECB Hike

AUDUSD TECHS

Clears The 20-Day EMA

US STOCKS

Late Equity Roundup

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Curve Steepens, Futures Nudge Lower

JGBS

The impetus from Friday’s cheapening in U.S. Tsys, coupled with a rally in domestic equities and a lack of a meaningful richening in core global FI markets (indeed Tsys have extended their weakness since the Japanese lunch break got underway) left JGB futures -9 come the Tokyo break, with the contract oscillating in the lower half of its overnight session range during the morning session. Cash JGBs run 0.5-2.5bp cheaper across the curve, with steepening in play. The summary of opinions from the BoJ’s latest monetary policy decision offered little in the way of actionable headline flow, while domestic news flow focused on supply/demand imbalances in the energy space.

109 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The impetus from Friday’s cheapening in U.S. Tsys, coupled with a rally in domestic equities and a lack of a meaningful richening in core global FI markets (indeed Tsys have extended their weakness since the Japanese lunch break got underway) left JGB futures -9 come the Tokyo break, with the contract oscillating in the lower half of its overnight session range during the morning session. Cash JGBs run 0.5-2.5bp cheaper across the curve, with steepening in play. The summary of opinions from the BoJ’s latest monetary policy decision offered little in the way of actionable headline flow, while domestic news flow focused on supply/demand imbalances in the energy space.