CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

Slightly Stronger, Fading NY Weakness in US Tsys

JGBS

JGB futures extend marginally through post-Tokyo trade lows but quickly retrace back to levels higher than the close of overnight dealing, +7 vs. settlement levels. The move from low has been assisted by slightly firmer pricing in US Tsys in Asia-Pac trade, as well as the previously outlined JiJi sources piece re: potential BoJ inflation projections for FY25.

  • Cash JGBs are flat to 0.7bp richer across the curve with the benchmark 10-year yield 0.4bp lower at 0.481%, just below the BoJ's YCC limit of 0.50%.
  • Swap spreads are marginally tighter across the curve.
  • A liquidity enhancement auction for off-the-run 5- to 15.5-Year JGBs will take place today.
  • Appearances in Parliament from Deputy Governor Uchida (0204 BST) and BoJ Governor Ueda (0236 BST) are also scheduled for today.
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.