MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

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

Mildly Richer Awaiting US CPI

US TSYS
  • Cash Tsys trade mildly richer, 0.5-1.5bp across the curve with the front end underperforming, as they await US CPI which dominates today’s session. There is no Fedspeak scheduled nor any coupon-bearing issuance.
  • They sit between a slightly larger rally in EGBs and a sell-off for Gilts with the latter stemming from stronger UK wage growth.
  • TYH4 at 110-23+ trades towards the high of the day’s narrow ranges, with volumes on the light side as they approach 250k. It remains both within yesterday’s and Friday’s wider ranges, the latter after gyrations following annual CPI revisions. A bear threat is seen as still present with support at 110-16 (Dec 13/Feb 9 lows) whilst to the upside sits resistance at the 20-day EMA of 111-11.
  • Data: CPI Jan (0830ET) - preview here, Real average earnings Jan (0830ET)
  • Bill issuance: US Tsy $80B 42D CMB bill auction (1130ET)
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income 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.