Free Trial

Following a tweet from US...........>

US TSYS SUMMARY
US TSYS SUMMARY: Following a tweet from US Treasury Secretary Steven Mnuchin
earlier in the day which indicated positive developments in trade talks with
Beijing, Chinese President Xi Jinping has stated that negotiations have made
progress and will continue next week in Washington.
- Combined with a tentative truce between Republicans and Democrats over
domestic spending, progress on trade talks is fuelling an improvement in global
risk sentiment, providing a bid to equities.
- US TSYs have traded largely flat this morning, albeit with modest flattening
at the very long-end of the curve. Current yield levels: 2-year 2.498%, 10-year
2.654%, 30-year 2.9897%. The 2s30s spread has narrowed to 49.0bps from 50.0bps.
- The Mar-19 US TSY future trades at 122-05 near the bottom of the morning's
range.
- Euro$ futures are flat/0.5 ticks higher in whites, 1.0-1.5 ticks lower in
reds/greens/blues with greens undeforming.

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.