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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI EUROPEAN MARKETS ANALYSIS: US Yields Tick Up, JGBs Steady
MNI: PBOC Net Drains CNY248 Bln via OMO Tuesday
Preview 10Y Note Auction Reopen
Tsy futures trading mildly mixed ahead of the $35B 10Y note auction reopen (91282CHT1) at the top of the hour, TYZ3 back to steady at 109-25. WI is currently running around 4.282%, 28.3bp cheap to last month's tail.
- August auction recap: Treasury futures see-sawed mildly higher after the $38B 10Y note auction (91282CHT1) tailed slightly: 3.999% high yield vs. 3.997% WI; 2.56x bid-to-cover vs. 2.53x prior.
- Indirect take-up climbed to 72.2% vs. 67.74% prior; direct bidder take-up 18.3% from 19.87% prior; primary dealer take-up 9.5% vs. 12.39%.
- Timing: The 10Y note auction results will be available shortly after the competitive auctions closes at 1300ET.
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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.