MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Looking ahead to ISM services

BONDS
  • Treasuries are lower this morning, having fallen in early Asian trading as local market participants reacted to Friday's US labour market data. Bunds started the morning moving lower (surpassing Friday's low) but have since changed direction and are now a little higher on the day. Gilts have seen the biggest moves of the day, with 10-year yields around 6bp lower as gilt futures have moved back to a little above Thursday's closing level (ignoring the volatility seen on Friday around payrolls).
  • Looking ahead, the data highlight will be the US ISM services print at 10:00ET / 15:00GMT. We also have US factory orders and the final print of durable goods. This morning we have seen higher-than-expected Spanish and Italian service PMI prints while other final PMI prints have largely been in line with the flash estimates.
  • TY1 futures are down -0-7+ today at 114-13+ with 10y UST yields up 2.6bp at 3.515% and 2y yields up 4.8bp at 4.321%.
  • Bund futures are up 0.25 today at 142.14 with 10y Bund yields down -0.8bp at 1.843% and Schatz yields down -0.6bp at 2.045%.
  • Gilt futures are up 0.80 today at 106.01 with 10y yields down -6.3bp at 3.085% and 2y yields down -5.4bp at 3.249%.
HomepageBulletMarketsFixed Income BulletsForeign Exchange 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.