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

Early SOFR/Treasury Option Roundup

US TSYS
SOFR and Treasury option flow leaned toward upside call structures overnight, lighter volumes in the lead up to this morning's March employment report. Underlying futures near overnight lows as futures scale back from Thursday's strong risk-off move. In turn, projected rate cut pricing steady to slightly lower vs. late Thursday: May 2024 at -9.8% w/ cumulative -2.5bp at 5.302%; June 2024 -63.2% vs -57% earlier w/ cumulative rate cut -18.3bp at 5.144%. July'24 cumulative at -28.9bp vs -25.6bp earlier, Sep'24 cumulative -46.6bp vs. -40.8bp earlier.
  • SOFR Options:
    • -1,000 SFRN4 95.12 straddles, 31 ref 95.12
    • Block, 8,880 SFRZ4 94.68/94.81/94.93/95.06 put condors, 1.5 vs. 95.445/0.05%
    • Block, 2,750 SFRU4 95.00/95.25/95.50 call flys, 5.5 ref 95.125
    • Block/screen, 16,000 SFRM4 94.87/94.93/95.00/95.06 call condors, 2.75 vs. 94.90/0.05%
    • 2,000 SFRZ4 96.50/97.00 call spds ref 95.40
  • Treasury Options:
    • 1,500 TYK4 108/109 put spds 11 ref 109-30.5
    • over 15,000 TYK4 111 calls, 22-21
    • over 18,000 TYK4 111.5 calls, 12-15
    • 3,300 TYK4 110.25 calls ref 109-31
    • over 18,000 wk1 TY 110.25/110.5 call spds ref 109-30.5
    • 1,900 Wednesday weekly FV 106/106.5 put spds ref 106-20.25
    • 1,500 TYM4 112/113/113.5 call flys ref 110-01
    • 1,300 TYK4 109/111 strangles, 40 ref 110-03.5
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.