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Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
Minor Paring Of Gains, TYM3 Still Close To Bull Trigger Ahead Of ISM Services
- * Tsy yields have pulled back off session lows in the past few minutes, with the 2YY rising 1.5bps but still -9bps on the day and with 2s10s of -43bp at levels last seen Mar 28 after the ADP miss accelerated a switch to a bull steepening.
- * The front end may lead but in futures space, TYM3 touched a session high of 116-20+ (currently 116-16+) having pushed through yesterday’s high of 116-09. Next technical focus is on the bull trigger at 117-01+ (Mar 24 high), with the final service PMI at 0945ET and more notably ISM services 1000ET.
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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.