Free Trial

Long end lead sell-off.........>

US TSY FUTURES CLOSE
US TSY FUTURES CLOSE: Long end lead sell-off following better than exp July NFP
report, levels off lows on quiet second half trade. Opinions vary over tighter
policy by year end, large bets in options, OIS pricing 37.2% of another hike in
December (MNI PINCH). Current futures levels:
* Sep Ultra bonds down 1-7/32 at 166-05 (165-18L/167-27H)
* Sep 30-yr Bond futures down 28/32 at 154-04 (153-22L/155-10H)
* Sep 10-yr futures down 8.5/32 at 126-03 (125-29L/126-14H)
* Sep 5-yr futures down 4.25/32 at 118-06.75 (118-03.5L/118-12H)
* Sep 2-yr futures down 1.25/32 at 108-05 (108-04.25L/108-06.25H)

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.