Free Trial

Marginally Richer Start

US TSYS

Cash tsys have open dealing ~1bp richer across the major benchmarks. Fitch has put the US on negative ratings watch as the deadline for an increase in the debt ceiling approaches. They also noted that they see US governance as weaker than other AAA countries. TYM3 deals at 113-08, -0-05+, the contract gapped higher to 113-12+ on the Fitch news before paring gains to current levels.

  • A thin data calendar in Asia today leave participants on headline watch.

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.