MNI BRIEF: Canadians Fuzzy On How BOC Hikes Slow CPI, Government's Role

CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: BCB Evaluating Real Depreciation Impacts - Galipolo

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

MNI: BAKER HUGHES US RIG COUNT 581; OIL RIGS 479; GAS RIGS 97

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Curve Steeper, See-Saws On BOJ

US TSYS

TYU3 deals at 1110-30+, -0-02, a 0-17 range has been observed on volume of ~293k

  • Cash tsys sit 2bps richer to 2bps cheaper, the curve has twist steepened pivoting on 5s.
  • Tsys have see-sawed in recent dealing as JGBs provide the lead in Asia. Tsys initially firmed alongside JGBs in the aftermath of the BOJs rate decision, as they adjusted YCC, before falling sharply from session highs. Losses have been marginally pared in recent dealing.
  • Earlier in the session participants faded yesterday's cheapening perhaps using the opportunity to close out short positions.
  • Flow wise a block seller in FV, 5,655 lots, was the highlight.
  • In Europe today regional German CPI provides the highlight. Further out we have US consumer income, employment cost index and University of Michigan consumer sentiment.
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.