MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

No Let Up In Post-Payrolls/ISM Cheapening

US TSYS
  • Cash Tsys are firmly cheaper on the day as post-payrolls/ISM services momentum continues. At the front end, roughly half of the day’s move came on the open with the remainder in European hours.
  • 2YY +10bps at 4.389%, 5YY +11.0bps at 3.769%, 10YY +8.4bp at 3.608% and 30YY +5.4bp at 3.668%
  • TYH3 trades 20+ ticks lower at 113-25 on very strong volumes for the time of day. It has just pulled back off session lows at 113-22+ that saw it clear both a key short-term support at 114-05+ (Jan 30 low) and the 50-day EMA, opening 113-17+ (61.8% retrace of Dec 30 – Jan 19 bull leg).
  • No Fedspeak scheduled with an eye on Powell’s appearance tomorrow, but potential for pop-up appearances with Daly’s (’24 voter) Friday appearance the only member since Wednesday’s FOMC announcement.
  • Bill issuance: US Tsy $60B 13W, $48B 26W bill auctions (1130ET)
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.