MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

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

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

Tnotes ticks above Yesterday's high

BUNDS
  • Bund saw just a 9 ticks traded range overnight, in very low Volumes, and the contract trades near its early week mid range ahead of the cash open.
  • UK Inflation data, coming below consensus helped Bund 15 ticks higher on the cash open, pushing through the figure.
  • There was some early buying interest in US Tnotes (TYM4), which was bought for 6k pre UK data, and has now broken 110.08, Yesterday's high.
  • German 10yr is still around 2.45%, and in terms of Yield level, next resistance would still seen at 2.512%, equates to circa 131.12.
  • Early support for Bund today is at 131.54 and resistance at 132.10, this early week low/high range.
  • There's no Tier 1 data left for the session, Italian IP and EU Consumer Confidence should have limited impact, and with no notable US Data, main focus today will be on the US FOMC.
  • SUPPLY: Greek 2028 (too small won't impact Bund), German 2044, 2052 (equates combined to 10.9k Buxl) should have limited impact.
  • SPEAKERS: Plenty of focus on Speakers today, includes, ECB Lagarde, Lane, de Cos, Schnable, Nagel, Villeroy, and of course Fed Powell's presser.
HomepageBond Market NewsBulletMarketsFixed Income BulletsForeign Exchange 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.