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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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Free AccessFinance Ministry Monitoring Yields
South Korean Vice Finance Minister Kim Yongbeom making some comments on bond markets, says the increase long-term government bond yields and a widening maturity spread are noteworthy and something the finance ministry will keep an eye on with a view to stabilising the financial sector.
- Kim notes that supply dynamics are one of the reasons behind the rise in bond yields, as well as increases in US yields.
- 10-Year bond future closed higher yesterday, gaining around 25 ticks to close at 130.02. US futures are currently up around 1+ ticks at the reopen, after the contract meandered along in very limited, holiday-shortened, liquidity-thinned Monday trade, finishing the session little changed after ticking away from Asia/early Europe highs, with the modest uptick in German yields filtering through.
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.