MNI: SNB CUTS KEY POLICY RATE BY 50 BPS TO 0.5%

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI China Daily Summary: Wednesday, December 11

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

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

Modest Gains Ahead Of PMIs

US TSYS SUMMARY

Tsys have seen modest overnight gains, with a continued bounce from Thursday's lows on Italian political risk / broad equity retracement.

  • Mar 10-Yr futures (TY) up 2.5/32 at 136-31 (L: 136-26 / H: 137-00) All within yesterday's ranges, and on avg volume (~240k).
  • Some bull flattening: the 2-Yr yield is up 0.4bps at 0.123%, 5-Yr is down 0.3bps at 0.4423%, 10-Yr is down 1.2bps at 1.094%, and 30-Yr is down 2.2bps at 1.8473%.
  • Attention will be on Jan prelimiary PMIs (0945ET) after middling-at-best numbers out of Europe overnight. Existing home sales at 1000ET rounds out the week's data.
  • Otherwise, little on the schedule today. Senate Finance Committee meets at 1000ET to decide on putting forward Yellen's nomination for Treas Sec; full Senate could vote later in the day per some reports.
  • No supply; NY Fed buys ~$8.825B of 2.25-4.5Y Tsys.
BulletMarketsFixed Income Bullets
BulletMarketsFixed 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.