MNI: China CFETS Yuan Index Up 0.48% In Week of Mar 29

MNI: PBOC Sets Yuan Parity Lower At 7.0938 Mon; -4.78% Y/Y

MNI: PBOC Drains Net CNY48 Bln Via OMO Mon; Rates Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.0938 MON VS 7.0950

MNI BRIEF: China March Mfg. PMI Returns To Expansion

BOJ MAR TANKAN: SMALL MFG INDEX -1; DEC +2; MEDIAN -1

BOJ JUN TANKAN LARGE MFG INDEX FORECAST AT +10

MNI BOJ MAR TANKAN LARGE MFG INDEX +11; DEC +13; MEDIAN +10

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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### POV, Short end spds extend tighter,....>

US SWAPS
US SWAPS: ### POV, Short end spds extend tighter, 2Y dragging 5Y tighter after
3Y auction tail, deal-tied hedge/unwinds adding to move after earlier rate
paying in 5s, 7s and 10s on lighter size. Sources note more recent fund interest
taking the other side of recent narrowing (appr $500M nominal). Prop and fast$
accts have been waiting for a pull back in spds that never arrived after last
wk's heavy corp issuance (appr $55B) while risk-off unwind adding to profits for
accts able to hold onto narrowers last week. With corp supply book-ending the
week's Tsy supply, as long as last week's risk metrics don't return, looks like
a tactical narrowers have a good opportunity to turn a profit this week. Latest
spread levels:
* 2Y -1.81/22.00
* 5Y -0.94/7.25
* 10Y -0.83/-4.81
* 30Y -1.23/-35.75
MarketsFixed Income Bullets
MarketsFixed Income Bullets

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