Free Trial

STIR: Short Setting Dominated In SOFR Futures Following NFPs

STIR

Net short setting dominated through SFRM8 on Friday, as the NFP data drove an aggressive round of hawkish repricing.

  • Only isolated rounds of net long cover were seen through the blues.

 

Keep reading...Show less
49 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.

Net short setting dominated through SFRM8 on Friday, as the NFP data drove an aggressive round of hawkish repricing.

  • Only isolated rounds of net long cover were seen through the blues.

 

Keep reading...Show less