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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.
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Free AccessMNI ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
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Long Ends Off Lows
The pre-CPI bid in U.S. Tsys has also allowed Bund futures to tick away from lows after a limited look below yesterday’s base, although EGB trade is relatively contained.
- That leaves the contract -35 on the day, while the German cash benchmarks run 1.5-3.5bp cheaper, bear flattening.
- Headline flow remains light, while the uptick in equities and energy prices applied some early weight to bonds.
- A move away from best levels for crude oil will also have helped the space off lows.
- Core/semi-core paper deals little changed vs. Bunds.
- The bid in equities promoted some peripheral spread compression vs. 10-Year Bunds, although only Greek paper trades close to session tights at typing as equities operate off best levels. Peripheral-Bund spreads sit flat to tighter on the day.
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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.