Free Trial

On The MOVE Again?

US TSYS

A quick note just to flag that the ICE-Bank of America MOVE index has pulled back from the peak of the latest foray higher after U.S. 10-Year Tsy yields failed to break through their ’18 peak. The MOVE index failed to challenge its YtD peak during the latest push higher, meaning that it got nowhere near challenging its Mar ’20 COVID-related peak.


Fig. 1: ICE-Bank of America Move Index Vs. U.S. 10-Year Tsy Yield (rhs)

Source: MNI - Market News/Bloomberg

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.