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Why MNI
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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 AccessRelative quiet start to week despite...>
US TSY FLOWS: Relative quiet start to week despite global risk-off move on
US/China trade and geo-pol concern pick-up. Late risk-off unwinding as equities
pare losses, slow react to US/China trade headlines that representatives will
still meet in DC this week. Otherwise data focus still on April CPI data Fri.
- VIX well off highs at 15.10 (+2.23; 18.80H); equities well off lows, SPX
-10.50 at 2937.0 vs. 2883.5L.
- Much better volume in first half. Two-way flow on net with prop, fast- and
real$ selling 2s-10s, light deal-tied hedging, swap-tied buying in long end
earlier. 3M10Y flattener unwinds.
- On tap for Tuesday: Redbook retail sales m/m; JOLTS job openings level and
quit rates for March; May IBD/TIPP Optimism Index; March consumer credit.
- The 2-Yr yield is down 2.6bps at 2.3067%, 5-Yr is down 3bps at 2.2933%, 10-Yr
is down 2.5bps at 2.4998%, and 30-Yr is down 1.1bps at 2.9077%.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.