MNI BRIEF: Japan Oct Core CPI Rises 2.3%, Services Rise

FED'S SCHMID - WE STILL HAVEN'T BEAT INFLATION BACK TO 2%

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

MNI China Daily Summary: Thursday, November 21

MNI BRIEF: China To Enhance Support For Foreign Trade - MOFCOM

MNI: UK NOV GFK CONSUMER CONFIDENCE INDEX -18

MNI JAPAN OCT CORE CPI +2.3% Y/Y; SEPT +2.4%

MNI: FED BALANCE SHEET TOTAL ASSETS -$43B TO $6.924T IN WEEK

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

Only Modest Paring Of Gains Post JOLTS & Regional Banks Pressures

US TSYS
  • Cash Tsys have seen a bid re-emerge in recent trading, more notably so for the long-end, but remain off highs seen after JOLTS data showed further labor market moderation. Coming on day one of the two day FOMC meeting, it has also seen WTI slide by than 5% and regional banks under pressure.
  • Debt limit back and forth continues, with Schumer most recently saying they can only debate spending after the clean debt bill is passed, with a full two-year debt-limit extension required. McConnell will be at the May 9 meeting that was earlier reported that Biden will have with McCarthy.
  • 2YY -16.7bp at 3.974%, 5YY -17.6bp at 3.459%, 10YY -14.0bp at 3.428% and 30YY -9.4bp at 3.714%.
  • TYM3 trades +1-03+ at 115-19+, just within earlier highs of 115-21 with next resistance seen at 115-30+ (Apr 26 high).
  • Aside of course from the FOMC decision, tomorrow includes ADP employment and ISM services.
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.