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

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

MNI: PBOC Sets Yuan Parity Higher At 7.1310 Tues; -0.50% Y/Y

MNI BOK WATCH: Slowing Inflation Puts Q4 Cut In Sight

CHINA SETS YUAN CENTRAL PARITY AT 7.1310 TUES VS 7.1286

MNI BRIEF: China Must Unblock Domestic Circulation - Wang

Asia Sov Curves Bull-Steepen, Indon To Reduce Bond Issuance

MNI: UK BRC JUN BY VALUE SHOP SALES LFL -0.5% YY, TOTAL -0.2% YY

BRC-KPMG Retail Sales Fell For The First Time (ex Easter Anomaly) Since Jun-22

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

Foreign Bank Sales, Position Unwinds

US TSY FUTURES

Tsys extend session lows last few minutes. Trading desks say ongoing sales, position unwinds are squaring up ahead next week's election. Yesterday's reluctance to rally in face of huge equity rout apparently tied to Risk-Parity unwinds. Today chatter of Japanese bank, bond fund selling at play. Domestic bank, fast- and real$ selling intermediates to long end, yld curves steepening, update:

  • 3M10Y +4.116, 71.045 (L: 66.17 / H: 72.052)
  • 2Y10Y +3.354, 65.401 (L: 62.11 / H: 66.044)
  • 2Y30Y +3.591, 143.911 (L: 140.371 / H: 144.737)
  • 5Y30Y +1.18, 123.22 (L: 120.985 / H: 123.767)
  • Current futures levels:
  • Dec 2Y down 0.12/32 at 110-13.62 (L: 110-13.25 / H: 110-14)
  • Dec 5Y down 2.25/32 at 125-22.25 (L: 125-21 / H: 125-26)
  • Dec 10Y down 6.5/32 at 138-19 (L: 138-16.5 / H: 138-28.5)
  • Dec 30Y down 16/32 at 173-17 (L: 173-10 / H: 174-13)
  • Dec Ultra 30Y down 25/32 at 216-26 (L: 216-12 / H: 218-18)
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.