CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

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

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

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

Pausing For Breath After Yesterday's Swings

US TSYS
  • Cash Tsys have sold off slightly this morning after yesterday’s swings, which saw a sustained rally through the day before a sharp retracement late on.
  • 2Y yields are +0.8bps at 1.013%, 5Y +0.8bps at 1.556%, 10Y +0.7bps at 1.778% and 30Y +1.0bps at 2.122%. Putting the short-end into perspective, the 2Y is just under 6bps off last week's new pandemic era high of 1.071%.
  • TYH2 is towards the low end of yesterday’s range, down 10 ticks at 128-06+ off earlier lows of 128-01 amidst average volumes. Support is seen at 127-28 (Jan 21 low) and then the bear trigger of 127-02 (Jan 19 low) whilst resistance is at 128-21+ (Jan 24 high).
  • Data: Nothing overly market moving with house prices from FHFA and S&P/CoreLogic plus Conference Board consumer confidence and Richmond Fed manufacturing.
  • NY Fed buy-op resumes: TIPS 1Y-7.5Y, appr $2.025B vs. $1.525B prior (1030ET).
  • Issuance: US Tsy $34B 52W bill auction (1130ET) followed by US Tsy $55B 5Y Note auction (1300ET).
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.