MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1122 Thurs; -1.79% Y/Y

MNI BRIEF: Aussie Unemployment Prints Tighter At 4% In May

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1122 THURS VS 7.1133

MNI BRIEF: China To Aid Outdated New-Energy Capacity Clear-out

MNI: SPAIN MAY HICP +0.2% M/M, +3.8% Y/Y

Australia May Unemployment Rate 4.0%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

JGB Futures Recoup Overnight Losses, Aussie Jobs Data Eyed

BOND SUMMARY

A quiet start to the session for T-Notes, which trade -0-00+ at 131-29, holding a 0-02 range thus far. Cash Tsy yields sit marginally higher across the curve. Eurodollar futures last seen unch. to -0.5 tick through the reds. Headline flow surrounding the CDC's probe into the J&J Covid-19 vaccine failed to provide any impetus for the space.

  • JGB futures re-opened higher and have traded sideways since. The contract last sits at 151.37, 2 ticks below Wednesday's settlement. Cash JG yields show little deviation from neutral levels across most tenors, with 3s underperforming. An enhanced liquidity auction for off-the-run 5-15.5 Year JGBs & comments from BoJ Gov Kuroda take focus from here.
  • Cash ACGB curve has bear steepened, with yields last seen 1.0-4.4bp higher. YM sits -1.5 & XM -4.5 as we type, both rangebound. Bills trade 1-2 ticks lower through the reds. Australian labour market report & consumer inflation expectations headline the local docket today.
BulletMarketsFixed Income Bullets
BulletMarketsFixed Income Bullets

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.