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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
There has been little impact of.....>
US TSYS SUMMARY: There has been little impact of the fall in Bunds/Gilts on US
Tsys during Thursday trade and remain in upper bound range having bounced off
Asian lows earlier. US 10-yr Tsy yield currently at 2.946%, 2bp lower than
Wednesday's close, while curve continues to bull flatten with 5s/30s spread
0.9bp tighter at 24.5bps.
- Tsys edged back towards pre-FOMC levels in afternoon of Asian session and just
before European session got underway, helped by 2 TYU8 blocks -- +2.6k @ 119-07
and +5k @ 119-12, as did reported demand out of Japan, which led to fresh
session high of 119-14 being printed.
- There was some pull back as Bunds slipped lower during European morning, but
remained underpinned by FOMC decision/statement last night. Attention now turns
key ECB decision and press conference and US advanced retail sales.
- Eurodollars are steady to higher, curve flatter as blue contracts are 2.5 to 3
ticks higher vs unch to 1 tick rise in whites.
- Both US breakevens and swap spreads are little changed.
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.