Free Trial

Strong Housing Data

US TSY FUTURES

Housing starts (1.457M) and permissions (1.720M) both beat expectations, Tsys chopping around post-data lows, still off late overnight lows when 10YY tapped 1.5886% high, 1.5693% currently. Yld curves 5s and 10s vs. 30s bounce off lows, decent volumes: TYM1 near 600k. Sources note real$ and fast$ sold 5s and 10s, bank selling 30s earlier, prop 2-way in 5s.

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.