FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Futures Weaker, US Tsys Re-Open Weaker

JGBS

In Tokyo morning trade, JGB futures are weaker, -20 compared to settlement levels, after closing unchanged overnight on Friday.

  • Core machine orders -1.7% y/y in June versus est. +1.1%.
  • (Bloomberg) “The Bank of Japan will find it difficult to raise interest rates further this year unless the yen weakens against the dollar to over 160 and there are calls for the central bank to intervene, said Yusuke Hashimoto, a fixed-income portfolio manager at AllianceBernstein Holding LP.” (see link)
  • Cash US tsys are 1-3bps cheaper in today’s Asia-Pac session, reversing the modest gains seen on Friday.
  • Cash JGBs are 2-3bps cheaper across benchmarks. The benchmark 10-year yield is 2.7bps higher at 0.902% versus the cycle high of 1.108%.
  • The swaps curve has bear-steepened, with rates 1-3bps higher. Swap spreads are mixed.
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed 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.