CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

The buys have it! In equities that.....>

US TSY FLOWS
US TSY FLOWS: The buys have it! In equities that is, large buy programs rolled
through late, lifting SPX off session lows in late trade -- 2397.0L to >2466.0
after the FI pit close. Bid for Tsys evaporated w/Ultra-bond actually slipping
into the red after leading rally all day. Yld curves gap steeper. All moves on
light volume/illiquid trade while implieds recede.
- US$ index that had recovered some ground after conf data, extended lower into
midday and recovering slightly in late trade (DXY -.493 at 96.557). US$/Yen off
session lows, -.40 at 110.97 vs. 110.46L.
- Third time the charm, $32B 7Y note auction (9128285T3) trades through, awarded
2.680% rate vs. 2.685% WI.
- Spds reverse from tighter levels held much of the session, 10Y on session
wides, long end ignores move.
- Overall volumes much better than prior session at this time (TYH just under
1M) largely due to return of London from Boxing day holiday. Pre-auction
hedging, mixed year-end positioning/extensions. Tsy cash/ylds: 2Y 99-28
(2.560%), 5Y 100-02.25 (2.608%), 10Y 103-02 (2.767%), 30Y 107-07 (3.055%)
MarketsFixed Income Bullets
MarketsFixed 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.