MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1122 Thurs; -1.79% Y/Y

MNI BRIEF: Aussie Unemployment Prints Tighter At 4% In May

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1122 THURS VS 7.1133

MNI BRIEF: China To Aid Outdated New-Energy Capacity Clear-out

MNI:AUSTRALIA MAY UNEMPLOYMENT RATE +4%

Local Investors Dump Offshore Bonds, Foreign Inflows Into Local Equities Halted

MNI: US MAY TREASURY BUDGET -347.1B

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

T-Notes Creep Higher Despite Fresh Record Highs In S&P 500 E-Minis

BOND SUMMARY

News flow has been relatively uninspiring so far and the data calendar is very light, offering little impetus. T-Notes have inched higher and last trade +0-02+ at 139-20+, sticking to a 0-04 range, even as S&P 500 e-minis printed fresh record highs. Yields sit +0.2bp to -0.6bp across the curve, with the longer end outperforming at the margin. Eurodollar futures running unch. to +0.5 tick through the reds.

  • JGB futures have crept higher and trade through overnight highs, last +10 at 151.95. Yields are mostly slightly lower, but 3s trade +2.6bp as we type. The BoJ left the size of its 3-5 Year JGB purchases unchanged today.
  • In Australia, YM unch. & XM +1.5 at typing. Cash ACGB curve runs flatter, with yields unch. to -1.8bp. Bills last seen unch. to -1 tick through the reds. Local coronavirus remains under scrutiny, with the Herald Sun reporting that Victorian gov't will "legislate to allow state of emergency to be in place for up to 18 months". Meanwhile, the formal launch of a new ACGB Nov '31 via syndication provides some interest today.
BulletMarketsFixed Income Bullets
BulletMarketsFixed Income Bullets

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.