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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.
CREDIT MACRO
Particularly rough session for $ credit yesterday and it looks like it's in for a repeat; it was heading in +1-2 wider this morning and payrolls has come weak adding on another double digit rates rally. Yields coming in as a driver for spread widening is not yet showing in flow data, but nonetheless a commonly referred to reason for $ moves. Perhaps reinforcing that it was not on fundamentals 1) our equity baskets held firmer 2) €IG was less impacted (often case for rates moves) 3) HY across both regions was firmer on spreads.
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.
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