Free Trial

MNI ASIA MARKETS ANALYSIS: Rate Cut Pricing Rekindled

HIGHLIGHTS
  • Treasuries rallied after this morning's soft PPI and higher weekly jobless data, extending highs after strong 30Y sale.
  • Well off Wednesday's moderate post-FOMC lows, Treasury futures are back to early April levels.
  • Short end support sees rate cut projections near pre-FOMC levels, near 50bp by December.

Keep reading...Show less
1478 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 rallied after this morning's soft PPI and higher weekly jobless data, extending highs after strong 30Y sale.
  • Well off Wednesday's moderate post-FOMC lows, Treasury futures are back to early April levels.
  • Short end support sees rate cut projections near pre-FOMC levels, near 50bp by December.

Keep reading...Show less