Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Huge moves as Europeans get to their desks

CROSS ASSET

Some big moves over the last few minutes - no real headline triggers but it seems to be timed with Europeans getting to their desks.

  • TY1 has jumped from 115-20+ to hit a high of 116-17+ almost a whole point move higher over the last 20 minutes. We are now off the high at 116-12, but still now 0-17+ higher on the day after being lower through Asian trading.
  • Bund futures over a point higher in the same period from around 138.00 to a higher of 139.36 (now at 139.30).
  • USDJPY has moved in line with yields falling from just below 131.80 to a low of 131.297.
104 words

To read the full story

Why Subscribe to

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.

Some big moves over the last few minutes - no real headline triggers but it seems to be timed with Europeans getting to their desks.

  • TY1 has jumped from 115-20+ to hit a high of 116-17+ almost a whole point move higher over the last 20 minutes. We are now off the high at 116-12, but still now 0-17+ higher on the day after being lower through Asian trading.
  • Bund futures over a point higher in the same period from around 138.00 to a higher of 139.36 (now at 139.30).
  • USDJPY has moved in line with yields falling from just below 131.80 to a low of 131.297.