Free Trial

MNI ASIA MARKETS ANALYSIS:CPI Inflation Pushes Rate Cut to Nov

HIGHLIGHTS
  • Treasuries gapped lower early Wednesday following higher than expected March CPI inflation measures.
  • Treasury curves bear flattened, projected rate cut pricing receded with first 25bp cut priced for November.
  • Little to no react to March FOMC minutes, majority favor cutting QT pace by half "soon".

Keep reading...Show less
1880 words

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.
HIGHLIGHTS
  • Treasuries gapped lower early Wednesday following higher than expected March CPI inflation measures.
  • Treasury curves bear flattened, projected rate cut pricing receded with first 25bp cut priced for November.
  • Little to no react to March FOMC minutes, majority favor cutting QT pace by half "soon".

Keep reading...Show less