MNI BRIEF: China June CPI Hits Three Month Low

RBNZ MPC SAYS OCR "HAS SIGNIFICANTLY REDUCED CPI"

MNI: RBNZ LEAVES OCR AT 5.5%

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

ITALY MAY INDUSTRIAL PRODUCTION +0.5% M/M ; -3.3% WDA Y/Y

Contrasting Momentum Dynamics Underscore Need For July Data

Services Drive Downside Surprise in CPI-ATE

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

Fed Speakers, 2-Yr Supply Eyed

US TSYS SUMMARY
  • A rangebound overnight session for Treasuries, with equities likewise stabilizing after Monday's sharp moves. Plenty of Fed speakers today and 2-Yr supply eyed.
  • Dec 10-Yr futures (TY) steady at 139-18, only 3.5 tick range (L: 139-16.5 / H: 139-20). The 2-Yr yield is down 0.2bps at 0.1351%, 5-Yr is up 0.2bps at 0.2675%, 10-Yr is up 0bps at 0.6659%, and 30-Yr is down 0.1bps at 1.4135%.
  • Having already released the testimony text Monday, few surprises expected from Fed Chair Powell before the House Financial Services Committee today (starts at 1030ET - alongside Treas Sec Mnuchin), but watch for any commentary on the fiscal support front.
  • Also making appearances are Chicago Fed's Evans (1000ET), Richmond's Barkin (1200ET), and Atlanta's Bostic (1500ET).
  • In data, at 0830ET we get Sep Philly Fed non-manufacturing, then at 1000ET: Aug existing home sales alongside Sep Richmond Fed manufacturing.
  • In supply, $60B in 42-/119-day bills sold at 1130ET, with $52B in 2-Yr notes at 1300ET. NY Fed buys ~$6.025B of 4.5-7Yr Tsys.
BulletMarketsFixed Income Bullets
BulletMarketsFixed Income Bullets

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.