MNI BRIEF: Household Income Growth Expectations Drop-NY Fed

MNI BRIEF: Fiscal Support Adds 0.8% To Inflation Over 5Yrs-ECB

MNI China Daily Summary: Monday, February 13

EZ/UK Bond Supply Calendar: Italy & UK to issue, EU Synd Tues

Coming up in the Asia-Pac session on Tuesday

EZ/UK Bond Supply Calendar: EU, Italy & UK to issue Tues

MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

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AUSTRALIA

Pressure On Government To Contain Spending In Face Of Inflation

AUD

A$ Advances On Better Risk Appetite Ahead Of US CPI

NZD

Firms As Equities Boost Risk Sentiment

US OUTLOOK/OPINION

NWM: Maintaining View Of A ‘High’ 0.3% M/M For Core CPI Post Revisions

US TSYS

Late Rate Lock Unwinds Underpins Tsys, Focus on Tue's CPI

USDCAD TECHS

Recent Gains Considered Corrective

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Market News Topics

Grind Lower Ahead Of Data, Refunding

US TSYS SUMMARY

Treasuries have edged lower in overnight trade with continued bear steepening pressure in the curve. ADP and ISM Svcs data eyed along with Treasury's quarterly refunding announcement and a decent Fed speaker slate.

  • Mar 10-Yr futures (TY) down 3.5/32 at 136-26.5 (L: 136-26 - the Jan 22 low / H: 137-00.5)
  • The 2-Yr yield is up 0.4bps at 0.1171%, 5-Yr is up 1.1bps at 0.4511%, 10-Yr is up 2.1bps at 1.1169%, and 30-Yr is up 2.4bps at 1.8936%.
  • Stock futures in the green (despite a stronger dollar on the margin), but off European morning highs.
  • Jan ADP Employment at 0815ET. Final Jan PMIs at 0945ET, but more attention on ISM Services shortly thereafter at 1000ET.
  • Main supply event is Treasury qtly refunding estimate at 0830ET; our preview went out yesterday (link here). 1130ET sees $55B of 105-/154-day bill sale. NY Fed buys ~$6.025B of 4.5-7Y Tsys.
  • Plenty of Fed Speakers: Minn's Kashkari (0830ET), StL's Bullard (1300ET), Philly's Harker (1400ET), and Cleveland's Mester and Chicago's Evans (both 1700ET).
BulletMarketsFixed Income News
BulletMarketsFixed Income News

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