Free Trial

Headline Watching Inbound

US TSYS

T-Notes +0-01+ at 139-14, sticking to a 0-01 range in early Asia-Pac trade, a touch shy of Tuesday's best levels, after touching session lows in the wake of stronger than expected U.S. housing data, before recovering.

  • The curve bull flattened on Tuesday, even ahead of Wednesday's 20-Year supply, with the USD offered and the S&P 500 hitting fresh all-time highs.
  • Sino-U.S. tensions have continued to bubble in the NY/Asia crossover. BBG noted that "the U.S. State Department is asking colleges and universities to divest from Chinese holdings in their endowments, warning schools in a letter Tuesday to get ahead of potentially more onerous measures on holding the shares." Elsewhere, Trump continued his recent line of rhetoric as we edge nearer to the Presidential election.
  • A sparse regional docket will result in headline and flow watching during Asia-Pac hours.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.