Free Trial

Treasures now drift lower to the end of a...>

US TSYS
US TSYS: Treasures now drift lower to the end of a hair-thin tight lower range,
10Y yield is at 2.232%. Tsys now see steepeners done, especially 2/7Y, 2/30Y,
2/10Y but to a milder extent, the 5/30Y curves too.
- The WSJ said the Fed, "a decade after the crisis, is about to embark on the
great unwinding" and that after a "historic buildup of its bond portfolio to
support the US economy, the central bank plans to shrink its holdings, entering
unchartered territory." WSJ said it did "shock-and-awe stimulus campaigns to
stabilize the economy after the financial crisis" but now wants the exit to be
as "boring as possible."

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.