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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.
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Free AccessModest Sell-Off On IMF Growth Upgrade and House Price Beats
- Treasuries extend an earlier modest sell-off after upward revisions to IMF global growth forecasts from 2.8% to 3.0% and stronger than expected US house prices for both FHFA and S&P CoreLogic (at 0.7% and 1.0% M/M respectively).
- Cash Tsys trading 3.3-4.5bps higher through 2-10Y benchmark tenors, led by the belly unsurprisingly with a stronger growth theme, whilst 30s outperform modestly at +2.6bps.
- The latest increase has come from breakevens rather than real yields from earlier in the session, with 5Y and 10Y breakevens currently +2.5-3bps.
To read the full story
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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.