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

MNI BRIEF: Slow Rate Hikes Expected - BOJ's Noguchi

MNI: PBOC Sets Yuan Parity Lower At 7.1020 Thurs; -5.02% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1020 THURS VS 7.1025

MNI BRIEF: BCB's Campos Neto: 'Not Afraid To Do What's Needed'

MNI:AUSTRALIA MAR UNEMPLOYMENT RATE +3.8%

MNI: US TSY TICS NET FLOWS IN FEB +$51.6B

US Treasury Auction Calendar

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

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Fedspeak and 10Y Supply In Driving Seat

US TSYS
  • Cash Tsys are holding 2.5-3.5bps richer as they remain within yesterday’s range and not notably different to pre-Powell levels after two-way reaction as markets assessed a broad continuation of data dependency guidance. A stacked Fedspeak schedule and 10Y auction are in focus today whilst data takes a backseat.
  • 2YY -2.7bps at 4.438%, 5YY -3.5bps at 3.799%, 10YY -3.4bps at 3.640% and 30YY -2.4bps at 3.689%.
  • TYH3 trades 8+ ticks higher at 113-16 within yesterday’s range. A bear cycle is still in play with support at 113-05+ (yesterday low) whilst resistance is eyed at the 50-day EMA of 114-03.
  • Fedspeak: NY Fed Williams (0915ET), Gov Cook (0930ET), VC Supervision Barr and Bostic (1000ET), Kashkari (1230ET) and Gov Waller (1345ET).
  • Data: weekly MBA mortgage data (0700ET) and final wholesale inventories for December (1000ET).
  • Bond issuance: US Tsy $36B 10Y Note auction (91282CGM7) – 1300ET. JPM late yesterday saw it requiring further concession with yields still too low relative to fundamental drivers.
  • Bill issuance: US Tsy $36B 17W Bill auction – 1130ET
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.