DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

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

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

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

*** Long end has recovered from........>

US TSY FLOWS
US TSY FLOWS: *** Long end has recovered from early sell pressure, 30Y bond
chopping around steady, while 10s that have traded with bid since early London
hours bumping around session highs. Several nascent factors at play amid light
holiday volume:
- US$ weakness continues to provide sporadic buy trigger fro FX accts.
- Equities that were trading strong into the open have pared gains, sources
citing Pres Trump's Tweet this morning about poor US Postal Service performance
vs. Amazon, that they "should be charging MUCH MORE!" (AMZN, -5.87, 1180.22).
Shares of Apple are lower as well, (AAPL -1.32, 169.76). Sources also note
Goldman Sachs shares lower by 2.55 to 253.95 "after forecasting $5 billion hit
to quarterly and FY earnings due to new tax law," sources say.
- Tsy curves off earlier steeper levels. Latest curve update:
* 2s10s +0.719, 52.664 (54.069H/51.764L)
* 2s30s +1.296, 85.797 (87.793H/84.270L)
* 5s30s +1.501, 53.255 (54.486H/51.921L)
MarketsFixed Income Bullets
MarketsFixed 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.