CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

Nancy Pelosi and Taiwan at the forefront

BONDS
  • Early price action has been led by the latest China headlines regarding Nancy Pelosi potential trip to Taiwan.EU and US Equities are on the on the back foot, following the latest Chinese headlines.
  • "Taiwan faces disastrous consequences of US action", talking about Nancy Pelosi's potential visit to Taiwan.
  • EGBs and Bund initially rallied, and the German 10yr Yield broke below the 0.70% level, and printed a 0.680% low today.
  • Futures have since reversed the early moves, but are still deep in green territory.
  • Although flat so far today, Portugal/Bund spread still trend to its tightest level since 21st April.
  • Next support will be seen at 96.04, now trading at 99.5bps.
  • Gilt has traded in line with Germany, and the Gilt/Bund spread trades 0.8bp tighter.
  • US Treasuries have mostly traded close to Europe, but underperform somewhat.
  • US 10yr Yield tested the lowest level since 5th April, but is off the lows inline with Europe.
  • Looking ahead, most of the focus is on Nancy's Pelosi potential visit to Taiwan.
  • There are no tier 1 data for the session, speakers, include Fed Evans, Mester and Bullard.
HomepageBulletMarketsFixed Income BulletsForeign Exchange 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.