Free Trial

Japan is off for the Showa Day and.....>

BOND SUMMARY
BOND SUMMARY: Japan is off for the Showa Day and news flow has been rather
sparse, resulting in a quiet start to the day in Asia. U.S. equity index futures
are well bid, applying pressure to core FI. 
- T-Notes trades -0-01+ at 138-31. Cash yields don't trade owing to the Japanese
holiday. Eurodollar futures trade unch. to +0.5 tick through the reds. Advance
Q1 GDP data & the Fed's monetary policy decision headline today's docket in the
U.S.
- In Australia, YM & XM are both unch. Yields sit marginally above neutral
levels. Bills last seen unch. to -2 ticks through the reds. Australian Q1 CPI
figures were better than expected, but the space was unfazed as they were deemed
a thing of the past. Elsewhere, the RBA offered to buy A$1.0bn worth of semis
with maturities of Jan '21 - Dec '23.

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.