Free Trial

Late Trade Simmer, No Sizzle

Both rates and equities are trading near the middle of their respective ranges:
  • Tsys still bid, but well off highs (5s30s yield curve actually a little steeper on day at 117.778 (+2.044).
  • Equities weaker but well off early session lows: ESU1 -35.0 at 4315.75.
  • Heavy volumes traded earlier, TYU1 near 1.7M at the moment, but is thinning out in late session trade -- waiting to see if week's risk-off tone extends moves into the close or if cooler heads step up to counter remains to be seen.

To read the full story



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.