Free Trial

Some observers said they "like" the 7Y...>

US TSYS/7Y
US TSYS/7Y: Some observers said they "like" the 7Y auction, even tho the morning
price concession is fading amid FX-tied bid as US$ ebbs vs. Japanese yen. Recall
that often after 3 coupon auctions there can be a "post-auction-relief" trade
gain. US stock indexes are narrowly mixed with traders making jokes about what
happens if a tree falls in the forest and no one hears it.
- But others look poast the ostensible quiet in Tsys today and are quite worried
about month-end, quarter-end or Japanese half-year-end trade switches that could
occur Friday. But it seems it's more of a worry/nerves than a certainty of
structural changes.

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.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });