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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 AccessMarket Roundup: Tsys Inside Weaker, Narrow Range
- Tsy 30YY currently 3.6662% (+.0471), yield curves flatter: 2s10s -0.813 at -70.989, 5s10s -2.278 at -13.125. Decent volumes (TYH3 >850k) with Asia back from Lunar New Year holidays.
- Fed funds implied hike for Feb'23 steady at 25.8bp ahead Wed's FOMC annc, Mar'23 cumulative 46.9bp to 4.798%, May'23 57.4bp to 4.903%, terminal at 4.915% in Jun'23.
- Additional policy/event risk with the BOE and ECB announcing this Thu. Participants plying the sidelines ahead Fri's Jan employment data (175k est vs. 223k prior).
- Meanwhile, corporate bond issuance resumes, IBM 4pt on tap as well as several foreign bank US$ issuers, generating rate lock hedging.
To read the full story
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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.