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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessNeedless to say -- but expect whippy...>
US TSY FLOWS: Needless to say -- but expect whippy price action on shortened
session today. Equities gaining a few ticks on air (SPX+25.5 at 2511.5). Markets
close early for New Years eve.
- Data includes Dallas Fed manufacturing index for December; Tsy auctions: $39B
13W (912796RD3), $36B 26W bills (912796RW1) and $26B 52W bills (912796RT8).
- Some accts catching up w/positive sounding headlines on US/China trade (WSJ
article over weekend -- "fleshing out" deal) and Italy budget acceptance.
- FI Volumes very light (Japan out most of week for various year-end holidays),
TYH just over 110k at moment; long end catching bid, curves reverse recent
steepening. Note, US$ vs. Yen slips to new 6M low, 109.88 last seen mid-June.
- Light, two-way flow, program selling in short end post LIBOR set, year-end
buying intermediates.
- Tsy cash/ylds: 2Y 99-30 (2.526%), 5Y 100-09 (2.563%), 10Y 103-12 (2.730%), 30Y
106-25 (3.027%)
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.