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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 China Daily Summary: Friday, December 13
MNI US OPEN - UK Economy Contracts for Second Straight Month
Renewed Russia-Ukraine Risks See Haven Rally On The Day
- Cash Tsys have bull steepened on the day although this masks sizeable intraday swings, with an abrupt haven rally yesterday and overnight on higher Russia-Ukraine tensions, including shelling in the Donbas, before more mixed headlines have seen a partial retracing.
- 2YY -3.0bps at 1.491%, 5YY -4.2bps at 1.877%, 10YY -3.5bps at 2.003% and 30YY -2.3bps at 2.323%.
- TYH2 sits up 10 ticks on the day at 126-04 on strong volumes, although continues to not trouble technicals with resistance at 127-01 (Feb 7 high) and support at the bear trigger of 125-17+ (Feb 10).
- Fedspeak: 2022 voters today with Bullard at 1100ET and Mester at 1700ET.
- Data: Jobless claims, building permits/housing starts, Philly Fed and existing homes.
- NY Fed buy-op: Tsy 10Y-22.5Y, appr $1.625B steady (1030ET)
- Issuance: US Tsy $50B 4W, $40B 8W bill auctions (1130ET), US Tsy $9B 30Y TIPS auction (1300ET)
To read the full story
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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.