Free Trial

Investors awaits US ISM

US TSYS SUMMARY

US Treasuries trade in the confined Asian range, as Investors awaits the highlight of the day, the US ISM, ahead of NFP.

  • Volumes have picked up during our European session, and Tnotes have traded inline with EGBs.
  • Tnote are lower with Equities futures holding onto their gains.
  • On margin, curve play is a touch bear steeper, albeit within the past day's range.
  • As mentioned, ALL EYES on US ISM this morning.
  • Central bank speakers today include ECB's Knot, Lane and de Cos, with Fed's Brainard also a highlight, speaking directly on the Fed's new policy framework.
  • 2y yields up 0.2bp today at 0.134%
  • 5y yields up 0.5bp today at 0.273%
  • 10y yields up 2.1bp today at 0.727%-
  • 30y yields up 3.4bp today at 1.510%

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.