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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Still Ticking Higher
Cash Tsys tick richer, the major benchmarks now sit 3.5-6bp richer across the curve, with the front end still leading, although the space is nowhere near unwinding Wednesday’s cheapening. TYM2 trades to fresh session highs, last +0-11+ at 127-20+. Overt headline drivers remain light on the ground. Crude oil has shunted higher once again, could Asia-Pac participants now be looking more towards stagflationary risk re: oil, as opposed to an outright inflationary impulse (the Tsy market’s interpretation of higher oil prices has been mixed in recent days). Note that breakevens sit closer to their closing levels than Wednesday’s session wides, but TIPS are illiquid during Asia hours.
To read the full story
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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.