FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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

Marginally Richer On Thursday, NFP On Tap

US TSYS

TYZ3 deals at 110-29, -0-04, in line with late NY levels.

  • Cash tsys finished 1-2bps richer across the major benchmarks, the wings marginally outperformed.
  • Tsys observed narrow ranges yesterday with little follow through on moves, the proximity to today's NFP perhaps limited activity in the space.
  • The latest round of US data was broadly in line with consensus, tsys were briefly pressured after the PCE data however losses were pared and tsys ticked higher in narrow ranges for the remainder of the session.
  • FOMC dated OIS remain stable, a terminal rate of 5.45% is seen in November with ~65bps of cuts by July 2024.
  • China's Caixin Mfg PMI provides the highlight in Asia today. Further we have the August NFP print, the MNI preview is here. ISM Mfg also crosses.
  • Fedspeak from Atlanta Fed President Bostic and Cleveland Fed President Mester is also due.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.