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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.
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Free AccessThe US Tsy curve has undergone a modest.....>
US TSYS: The US Tsy curve has undergone a modest degree of flattening in
Asia-Pacific dealing, extending on Thursday's moves, as the US 10-Year yield
edges away from the heavily commented on 3.00% after the 3.05% pivot level held
firm.
- The shorter end of the curve has been softer to unchanged, while longer dated
paper trades just off of highs in price terms.
- Trade has been fairly limited, as Tsys ignored the BoJ's latest MonPol
decision. As a reminder the BoJ stood pat as expected & dropped the language
surrounding meeting its CPI target around FY2019.
- The Eurodollar strip has followed Tsys, with the white and red contracts
0.5-1.0 tick higher, underpinned by yesterday's lower 3-Month $LIBOR fixing.
- Focus on Friday will fall on US GDP & PCE data.
- T-Notes last at 119.12+, yields: 2Y 2.484%, 3Y 2.621%, 5Y 2.807%, 7Y 2.932%,
10Y 2.972%, 30Y 3.153%
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.