MNI BRIEF: Canada PM Carney Derides Trump's 51st State Idea

MNI BRIEF: Carney Sworn In As PM, Names Champagne To Finance

MNI China Daily Summary: Friday, March 14

MNI BRIEF: China February M2 Stays At 7% Y/Y

RPT-MNI INTERVIEW2: Lag Justifies Faster CNB Easing - Holub

BAKER HUGHES CANADA RIG COUNT 199; OIL RIGS 139; GAS RIGS 60

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 487; GAS RIGS 100

EZ/UK T-Bill Calendar: DE, NL and FR Due Monday

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US TSYS: Rates Near Lows, Stocks Bounce Ahead Senate Budget Vote

US TSYS
USBulletMarketsFixed Income BulletsNorth America
  • Treasuries look to finish near session lows amid cautious rise in risk sentiment as markets awaited Senate vote on GOP spending bill "H.R. 1968" to keep government open through September.
  • Sentiment measured by UofM another matter altogether: notably lower than expected as it slid to 57.9 (cons 63.0) in the preliminary March release after 64.7 in February, for the lowest since Nov 2022. It came with a sharp climb in inflation expectations, with the 1Y surprisingly jumping to 4.9% (cons 4.3) after 4.3 and the 5-10Y jumping to 3.9% (cons 3.4) after 3.5% for a thirty-two year high.
  • Jun'25 Tsy 10Y futures trade -11 at 110-19, above initial technical support at 110-12.5/110-00 (Low Mar 6 / High Feb 7). Tsy 10Y yield 4.3121% last, curves flattening late: 2s10s -1.813 at 28.876, 5s30s -3.010 at 52.774.
  • Stocks bounced off yesterday's six-month lows after NY Senator Schumer (D) said he would not block the GOP spending bill in order to avoid an imminent government shutdown.
  • Strong rally for the Euro, as headlines suggested Germany have found a solution to the debt brake passage. EURUSD rose from around 1.0850 to 1.0912 following the news, falling short of most recent cycle highs which reside at 1.0947.
  • Fed remains in Blackout until after next Wednesday's FOMC policy annc. Monday data focus on Retail Sales, Empire Manufacturing and NAHB Housing Market Index measures.
222 words

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.
  • Treasuries look to finish near session lows amid cautious rise in risk sentiment as markets awaited Senate vote on GOP spending bill "H.R. 1968" to keep government open through September.
  • Sentiment measured by UofM another matter altogether: notably lower than expected as it slid to 57.9 (cons 63.0) in the preliminary March release after 64.7 in February, for the lowest since Nov 2022. It came with a sharp climb in inflation expectations, with the 1Y surprisingly jumping to 4.9% (cons 4.3) after 4.3 and the 5-10Y jumping to 3.9% (cons 3.4) after 3.5% for a thirty-two year high.
  • Jun'25 Tsy 10Y futures trade -11 at 110-19, above initial technical support at 110-12.5/110-00 (Low Mar 6 / High Feb 7). Tsy 10Y yield 4.3121% last, curves flattening late: 2s10s -1.813 at 28.876, 5s30s -3.010 at 52.774.
  • Stocks bounced off yesterday's six-month lows after NY Senator Schumer (D) said he would not block the GOP spending bill in order to avoid an imminent government shutdown.
  • Strong rally for the Euro, as headlines suggested Germany have found a solution to the debt brake passage. EURUSD rose from around 1.0850 to 1.0912 following the news, falling short of most recent cycle highs which reside at 1.0947.
  • Fed remains in Blackout until after next Wednesday's FOMC policy annc. Monday data focus on Retail Sales, Empire Manufacturing and NAHB Housing Market Index measures.