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Why MNI
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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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Free AccessGerman 10yr 1.95% Yield holds for a second time
- The German Bund trades around yesterday's mid range, after an another wide range start of the week, 133 ticks in low volume.
- Notable technical is in Yield with 1.95% holding for a second time.
- The 10yr Yield tested exactly 1.95% last Thursday, printing a 141.09 high, and 1.952% yesterday, with a 140.88 in futures.
- Resistance is still at the 141.05 area, and initial support will be at yesterday's low 139.55.
- Today, OECD publishes Eco outlook, and out of the US, Richmond Fed data.
- But the main event this week, is tomorrow with prelim services PMIs from across the Globe and FOMC minutes.
- SUPPLY: German EU3bn Bobl (equates to 24.7k Bobl), should have limited impact, and US sells $22bn 2yr FRN reopening, followed by $35bn 7yr notes.
- SPEAKERS: ECB Holzmann, Rehn, Nagel, Fed Mester, Goerge, Bullard, UK Office for Budget Responsibility testifies to Parliament .
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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.