BOC DID NOT SERIOUSLY CONSIDER A 50BP RATE CUT- MACKLEM

BOC SAYS UNCERTAINTY MEANS CAN'T GIVE FORWARD GUIDANCE

MNI BRIEF: Text of Bank of Canada Rate Decision

CORRECTED-MNI BRIEF: Brazil's Inflation Rises To 5.06% In Feb

MNI China Daily Summary: Wednesday, March 12

MNI BRIEF: China To Boost Environmental Equipment Industry

US EIA: CRUDE OIL STOCKS EX SPR +1.45M TO 435.2M MAR 07 WK

BOC CUTS RATE 25BP TO 2.75%, TO BE CAUTIOUS WITH FURTHER MOVES

MNI: US Feb CPI Cools More Than Expected

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US TSY FUTURES: Post-Consumer Confidence React

US TSY FUTURES
USBulletMarketsFixed Income BulletsNorth America
  • Treasury futures remain in negative territory following lower than expected Conference Board Consumer Confidence data.
  • Futures had pared losses/climbed to session highs on mini-version of Monday's DeepSeek-tied risk-off move as Nvidia trades weaker again this morning. Reversal soon followed, however:
  • Currently, the Mar'25 10Y contract trades -7.5 at 108-29.5, off late overnight low of 108-25.5. Futures remain inside technical ranges: support well below at 108-00/107-06 (Low Jan 16 / 13 and the bear trigger), nearly breached yesterday - resistance above at 109-12+ (50-day EMA).
  • Cross-asset moves: Bloomberg US$ index still bid but off highs at 1300.58 (+3.74), Gold +11.45 at 2752.26, stocks firmer (SPX Eminis +9.0 at 6055.75.
106 words

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.
  • Treasury futures remain in negative territory following lower than expected Conference Board Consumer Confidence data.
  • Futures had pared losses/climbed to session highs on mini-version of Monday's DeepSeek-tied risk-off move as Nvidia trades weaker again this morning. Reversal soon followed, however:
  • Currently, the Mar'25 10Y contract trades -7.5 at 108-29.5, off late overnight low of 108-25.5. Futures remain inside technical ranges: support well below at 108-00/107-06 (Low Jan 16 / 13 and the bear trigger), nearly breached yesterday - resistance above at 109-12+ (50-day EMA).
  • Cross-asset moves: Bloomberg US$ index still bid but off highs at 1300.58 (+3.74), Gold +11.45 at 2752.26, stocks firmer (SPX Eminis +9.0 at 6055.75.