Free Trial

Limited news flow was apparent in......>

BOND SUMMARY
BOND SUMMARY: Limited news flow was apparent in Asia-Pac hours, with regional
reaction to the uncertainty re: timing & location of the signing of a phase 1
Sino-U.S. trade deal that became apparent during Wednesday's NY session noted.
- Tsy yields across the curve sit 1.0-2.1bp than their respective closing levels
at writing, which allowed T-Notes to +-01 tick, printing at 129-11+ last.
Eurodollar futures are unchanged to 1.0 tick higher through the reds.
- The early underperformance in longer dated JGBs gave way as we moved through
the Tokyo morning and futures corrected from worst levels, with bear flattening
apparent as longer dated yields moved back towards neutral & shorter dated
underperformance came to the fore.
- Aussie bonds were more focused on souring risk appetite than local
developments, YM last +4.5, with XM +7.0. Bills 1-4 ticks higher through the
reds, with the strip flattening.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.