MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected

MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: Brazil Annual Inflation Rises To 4.87% In November

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

US Q3 REV NONFARM PRODUCTIVITY +2.2%; Y/Y +2.0%

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

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

Short-Lived Modest Paring Of Post-Data Gains

US TSYS
  • Treasuries have seen a short-lived partial paring of post-data gains, more so at the wings with 5Y through 10Y tenors marginally slower after the strong 7Y auction earlier stopped through by 2bps.
  • It still sees large rallies on the day though, with 2YY -11bps and 10YY -8bps, the latter driven in real terms after surprisingly low job openings, quits rate back at pre-pandemic averages and softer than expected consumer confidence including important labor market indicators.
  • TYZ3 volumes have overtaken those of TYU3, with the contract trading 22 ticks higher at 110-26+, off earlier highs of 110-29+ but maintaining clearance of the 20-day EMA at 110-20.
  • The Fed’s VC for Supervision Barr is still to come on Banking Services at 1500ET but there is otherwise a dearth of scheduled Fedspeak post-Jackson Hole, with Bostic up next on Thu.
  • ADP is likely in additional focus tomorrow after today’s soft JOLTS report, along with the second reading of Q2 GDP considering Q3 trackers are willing wild in the case of the Atlanta Fed tracker.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.