MNI BRIEF: Fed's Goolsbee Taking Job Gains With Grain Of Salt

BRIEF: EU Says Engaging With China Over EV Trade Dispute

MNI BRIEF: Draghi Calls For Tariffs, Subsidies Against China

MNI BRIEF: China May M2 Slows To Record Low Again

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

US Treasury Auction Calendar

MNI: BAKER HUGHES US RIG COUNT 590; OIL RIGS 488; GAS RIGS 98

EZ/UK Bond Supply Calendar: Slovakia, Belgium, BoE APF Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Long End Melting Lower

US TSY FUTURES

Yld curves bear steepening with long end continuing to sell off as equities hold near highs (DJIA breeched 30k for first time, climbed to 30116.51 all-time high). Some stops triggered in 10s and 30s on way down, prop and fast$ buying 10s, unwinding tactical flatteners.
Massive overall volumes due to Dec/Mar rolling ahead Mon first notice. Latest levels:

  • 3M10Y +2.328, 79.84 (L: 76.309 / H: 80.004)
  • 2Y10Y +3.246, 72.069 (L: 68.956 / H: 72.069)
  • 2Y30Y +5.679, 144.437 (L: 138.555 / H: 144.437)
  • 5Y30Y +4.119, 120.824 (L: 116.42 / H: 120.824)
  • Current futures levels:
  • Dec 2Y +0.12/32 at 110-12.5 (L: 110-12.37 / H: 110-12.87)
  • Dec 5Y -0.75/32 at 125-17 (L: 125-16.75 / H: 125-19)
  • Dec 10Y -4/32 at 138-6 (L: 138-05.5 / H: 138-12)
  • Dec 30Y -25/32 at 172-22 (L: 172-21 / H: 173-18)
  • Dec Ultra 30Y down 2-0/32 at 216-06 (L: 216-05 / H: 218-14)
BulletMarketsFixed Income Bullets
BulletMarketsFixed 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.