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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.
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 AccessMNI UST Issuance Deep Dive: Dec 2024
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The ECB is at the forefront
- A 24 ticks range for Bund pre cash open and nothing really jumps out across assets, as investors await one of the most split call for the ECB rate decision, will they, won't they?
- The contract found support Yesterday just ahead of the 2.713%, the 21st August high level in Yield, which equated to 129.87, with similar price action in Tnotes, with the 10yr Yield failing just short of the 4.3618% August high and highest print in 16yrs at 4.3420% on Swap flow interest.
- Support in Bund moves up to 130.58, close to the overnight low. Below the latter, sees 130.27 and 129.87 (Yield level).
- Resistance remains at 130.99 initially.
- Today sees, US PPI/Retail sales, but main focus is on the ECB and presser, with no data out of Europe.
- SUPPLY: Ireland 2027s and 2045s, won't impact Bund.
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.