Free Trial

Gaining Ahead Of Another Busy Schedule

US TSYS

Treasuries continued to move higher overnight Thursday, alongside a constructive session for equities and commodity prices. Another busy schedule lies ahead today.

  • The 2-Yr yield is down 0.6bps at 0.3521%, 5-Yr is down 1.3bps at 1.0566%, 10-Yr is down 0.9bps at 1.5281%, and 30-Yr is up 1.1bps at 2.0392%.
  • Dec 10-Yr futures (TY) up 7/32 at 131-14 (L: 131-06 / H: 131-14.5).
  • 0830ET sees a double shot of data, with jobless claims and PPI.
  • Plenty of Fed Speakers today: St Louis' Bullard at 0835ET, Atlanta's Bostic at 0945ET, NY Fed's Logan (arguably the highlight of today's agenda as will be on policy implementation) at 1200ET, Richmond's Barkin at 1300ET, SF's Daly at 1300ET, and Philly's Harker at 1800ET.
  • Supply today is all bills: $50B combined of 4-/8-week bills sold at 1130ET, with $60B 39-day at 1300ET.
  • NY Fed buys ~$2.025B of 22.5-30Y Tsys, and releases its upcoming purchase schedule (1500ET).

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.