Free Trial

Just breached early overnight........>

US TSY FUTURES
US TSY FUTURES: Just breached early overnight highs after the bell after dovish
Fed Williams speech "Living Life Near the ZLB"
(https://www.newyorkfed.org/newsevents/speeches/2019/wil190718) got the ball
rolling. Likely additional risk-off/safe haven support after Pres Trump reports
US shot down Iranian drone. Yld curves bull steepened, update:
* 3M10Y  +5.801, -2.017 (L: -9.802 / H: -1.281)
* 2Y10Y  +2.987, 25.978 (L: 22.087 / H: 26.734)
* 2Y30Y  +4.755, 78.919 (L: 73.604 / H: 79.798)
* 5Y30Y  +3.667, 77.894 (L: 74.098 / H: 78.812)
Current futures levels:
* Sep 2-Yr futures up 4.125/32  at 107-15.625 (L: 107-11 / H: 107-15.87)
* Sep 5-Yr futures up 8.25/32  at 117-31 (L: 117-20.75 / H: 117-31)
* Sep 10-Yr futures up 12/32  at 127-23.5 (L: 127-07.5 / H: 127-24)
* Sep 30-Yr futures up 14/32  at 155-6 (L: 154-08 / H: 155-07)
* Sep Ultra futures up 16/32  at 176-23 (L: 175-12 / H: 176-27)

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.