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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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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessUS$ Credit Supply Pipeline
US Treasury Auction Calendar
Futures continue to struggle for...............>
JGBS: Futures continue to struggle for follow-through above yesterday's highs,
finishing the morning session 11 ticks above settlement levels, with the curve
twist flattening.
- Caution re: Coronavirus in the Asia-Pac region has supported prices, while the
latest round of commentary from senior government ministers and BoJ Governor
Kuroda have done little to inspire price action. Most recently, it appears that
Kuroda was questioned in parliament re: a hypothetical wind down of the Bank's
ETF purchases. He answered this as you would expect i.e. to happen when CPI
approaches target and with an eye on market impact.
- CPI data was in line with exp. while flash PMIs were soft across the board.
- The BoJ left the size of its 1-10 Year JGB purchases unchanged in today's
Rinban operations, with spreads tightening and offer/cover ratios moderating.
Breakdown of ops were as follows:
- 1-3 Year: Cover 4.05x (prev. 4.27x), Average Spread -0.006 (prev. 0.003)
- 3-5 Year: Cover 3.02x (prev. 3.27x), Average Spread -0.008 (prev. 0.006)
- 5-10 Year: Cover 2.33x (prev. 3.52x), Average Spread -0.0014 (prev. 0.010)
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.