Free Trial

Steady/Mixed As Time to FOMC Winds Down

US TSY FUTURES
Tsy futures currently off lows, steady (10s) to mixed with 30Y Bond mildly higher amid thin participation and light volumes (TYH2 575k) in wind down to 1400ET FOMC annc. Latest iteration of taper tantrum effecting mkt vol as pace (not to mention an anticipated shift higher in Dot plot) remains in question.
  • Exogenous factors for rebound: Some desks cite persistent headlines re: speed of Omicron spd and increased levels in US, UK. Concerns over China slow-down and also cited for dip buying.

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.