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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.
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Free Access### POV: RISK-METRIC NEVER WENT ANYWHERE....>
US TSYS: ### POV: RISK-METRIC NEVER WENT ANYWHERE
- Corporate issuance almost making up for no Tsy supply this week ($45B so far
if nothing new launches today), while Tsy supply resumes next week w/3Y, 10Y and
30Y (size annc'd tomorrow).
- Supply IS playing a role in tethering Tsys futures as various accts/issuers
place hedges. Otherwise Tsys futures would likely be even higher despite
equities holding gains after overnight support w/Asia shares on Hong Kong
extradition bill taken off table. Currently:
- DJIA up 186.44 points (0.71%) at 26118.02
- S&P E-Mini Future up 24.75 points (0.85%) at 2927.75
- Nasdaq up 83.8 points (1.1%) at 7874.159
- Brexit angst (waiting for final vote approval before heading off to House of
Lords for further debate tomorrow) and as well as US/China trade risk metrics
haven't gone anywhere, lending to rates bouncing off lows
Any evaporation of risk that helped get Tsy ylds to new all-time lows last week
is ephemeral. Don't get lulled by late summer malaise.
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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.