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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessExtending Lows
- Absent data or relevant headline trigger, Tsy futures are extending session lows, some desks citing moderate gains in stocks after the cash open (SPX Eminis taps 4318.5).
- Front month 10Y futures tap 113-06.5 low (-17), yield 3.7762%. The technical outlook remains negative for now, following the bearish engulfing candle pattern on June 2. The candle highlights a reversal and the bear trigger at 112-29+, May 26 / 30 low, remains exposed. Clearance of this level would resume the downtrend that started May 4 and open 112-16+, a Fibonacci retracement.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.