MNI: Canada Apr-Nov Budget Deficit CAD3.6B, Beats Projection

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

Crude Futures Continue Slide, WTI Hits Fresh Weekly Lows

MNI DATA FORECASTS: EZ Inflation, US Jobs data to the fore

MNI: US NAR DEC PENDING HOME SALES INDEX 76.9 V 75 IN NOV

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
USDCAD TECHS

Remains Vulnerable

AUDUSD TECHS

Northbound

US TSYS

Late Tsy Roundup: Implied Hike Steady at 25.9Bp Ahead Wed FOMC

US

President Biden Finishes Month On Declining Approval Trend

US TSYS

Late SOFR/Eurodollar/Treasury Option Roundup

EURJPY TECHS

Holding On To Its Recent Gains

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Post-LIBOR Settle Update: New 14+ Year High 3M Benchmark

US EURODLR FUTURES
BulletMarketsFixed Income NewsHomepage

Lead quarterly Mar'23 (EDH3) dips to +0.005 at 94.925 after 3M LIBOR set' climbs +0.00914 to new 14 year high of 4.81500% (+0.00514/wk).

  • Fed funds implied hike for Feb'23 -.4 at 30.8bp, Mar'23 cumulative steady at 50.6bp to 4.838%, May'23 steady at 59.5bp to 4.926%, terminal at 4.93% in Jun'23/Jul'23.
  • Balance of Eurodollar Whites (EDM3-EDZ3) +0.005-0.015, Reds (EDH4-EDZ4) +0.025-0.040, Greens through Golds (EDH5-EDZ7) +0.040-0.045.
  • Current deferred spds vs. prior settle
    • Jun'23/Sep'23: at -0.145 vs. -0.135
    • Mar'23/Red Mar'24: -0.930 vs. -0.915
    • Jun'23/Red Jun'24: -1.430 vs. -1.400
  • Tuesday option roundup: Session flow focused on downside puts in SOFR options, new and re-positioning as underlying futures continued to unwind post-NFP strength, vol offered. Notable large put condor roll 5.5 net cr: +28,953 SFRJ3 94.62/94.87/95.00/95.25 put condors, ref 95.075-.080 vs. -27,153 SFRH3 94.62/94.87/95.12/95.38 put condors, ref 95.105-.085. Vol seller: appr -20,000 Dec SOFR 95.62 straddles from 81.0-2.0 since Monday.
138 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Lead quarterly Mar'23 (EDH3) dips to +0.005 at 94.925 after 3M LIBOR set' climbs +0.00914 to new 14 year high of 4.81500% (+0.00514/wk).

  • Fed funds implied hike for Feb'23 -.4 at 30.8bp, Mar'23 cumulative steady at 50.6bp to 4.838%, May'23 steady at 59.5bp to 4.926%, terminal at 4.93% in Jun'23/Jul'23.
  • Balance of Eurodollar Whites (EDM3-EDZ3) +0.005-0.015, Reds (EDH4-EDZ4) +0.025-0.040, Greens through Golds (EDH5-EDZ7) +0.040-0.045.
  • Current deferred spds vs. prior settle
    • Jun'23/Sep'23: at -0.145 vs. -0.135
    • Mar'23/Red Mar'24: -0.930 vs. -0.915
    • Jun'23/Red Jun'24: -1.430 vs. -1.400
  • Tuesday option roundup: Session flow focused on downside puts in SOFR options, new and re-positioning as underlying futures continued to unwind post-NFP strength, vol offered. Notable large put condor roll 5.5 net cr: +28,953 SFRJ3 94.62/94.87/95.00/95.25 put condors, ref 95.075-.080 vs. -27,153 SFRH3 94.62/94.87/95.12/95.38 put condors, ref 95.105-.085. Vol seller: appr -20,000 Dec SOFR 95.62 straddles from 81.0-2.0 since Monday.