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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 AccessTreasuries are softer to begin......>
US TSYS SUMMARY: Treasuries are softer to begin the week, with equities set to
open at fresh all-time highs, and any developments on US-China talks awaited.
- Most action overnight occurred a little after 0200ET, with equities rallying
and Tsys selling off; talk of CTA program selling, unconfirmed of course.
- A bit of options interest in the European morning: USG0 155/153 ps v USF0 160
Call, bought the ps for 0'34 in 10k, 3,800 USZ9 at 158-02 (PS over).
- Dec 10-Yr futures (TY) last down 1.5/32 at 129-3 (L: 129-00 / H: 129-09).
- The 2-Yr yield is up 1.5bps at 1.6246%, 5-Yr is up 1bps at 1.6568%, 10-Yr is
up 1bps at 1.8411%, and 30-Yr is up 1.4bps at 2.3191%.
- Cleveland Fed Pres Mester makes comments at UMaryland at 1200ET with Q&A.
Believe this is her first commentary since the Oct FOMC.
- No data of interest (unless TIC flows are your thing, out 1600ET).
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.