MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Rangebound, PCE In Focus Before Finalized U.Mich Survey

US TSYS
  • Treasuries have kept to narrow ranges overnight after yesterday’s large gyrations on global growth concerns before stronger US data helped eventually steady the risk-off theme.
  • Cash yields are between unchanged (2s and 3s) and 0.6bp higher (20s), with 2s holding close to the higher end of yesterday’s more than 10bp rebound but the long end is more firmly rangebound.
  • As such, 2s10s at -18.6bps consolidates yesterday’s intraday pullback from fresh ytd highs of -10.9bps.
  • TYU4 is at 110-28+ (+ 03) having kept between 110-24 to 110-30+ for firmly within yesterday’s wide range, on moderate cumulative volumes of 275k.
  • Yesterday’s high of 111-08+ marked a firm step closer to resistance at 111-13+ (Jul 16 high) and the trend needle points north with some focus on 111-31 (Fibo projection).
  • Data: Monthly PCE Jun (0830ET), U.Mich Jul final (1000ET), Kansas City Fed services Jul (1100ET)
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.