-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessT-Notes Move Higher In Tandem With Gold, As Fiscal Talks Remain Stalled
T-Notes have inched higher from the off and last trade +0-02+ at 139-08+ amid a continued deadlock in U.S. fiscal talks and after a strong 10-Year Tsy auction seen overnight. The latest leg higher coincided with an analogical move in spot gold.
- The White House and Democrats not only failed to make progress in their negotiations, but Tsy Sec Mnuchin accused House Speaker Pelosi of misrepresenting the phone conversation they held earlier on the day, noting that the "Democrats have no interest in negotiating".
- U.S. President Trump's latest presser was largely a rehash of what we already knew. He reiterated his pledge to terminate payroll tax if he wins re-election, adding that he will protect social security when the tax is eliminated.
- Fed's Kaplan joint the choir of officials calling for an extension to unemployment benefits and noted that another hard lockdown would not be a good answer for U.S. economy.
- Meanwhile, Fed's Daly said that there may come a time when forward guidance is needed, adding that this is a very powerful tool.
- Cash curve ins undergoing some bull flattening, with yields last seen 0.2-1.8bp lower.
- Eurodollars sit unch. to +0.5 tick through the reds.
- Initial jobless claims and speeches from Fed's Bostic & Brainard figure on today's U.S. docket.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.