MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Treasuries Bear Flatten To New 2s10s Cycle Lows

US TSYS
  • Cash Tsys bear flatten on the day with the front end continuing a sizeable sell-off since yesterday’s FOMC and hawkish dot plot. 2YY are up 4bps even whilst remaining firmly within overnight ranges having touched a yet new cycle high of 4.1253% before moving off extremes helped in part after JPY intervention and ahead of the BoE decision at 1200BST.
  • The flattening sees 2s10s hit cycle lows of -57bps (currently -55bp) with 2YY +4.2bps at 4.090%, 5YY +2.5bps at 3.791%, 10YY -0.2bps at 3.528% and 30YY -2.7bps at 3.475%.
  • Data: Initial jobless claims covering a payrolls reference week plus indicators with the leading index for Aug and KC Fed manufacturing for September.
  • Bond issuance: US Tsy $15B 10Y TIPS auction re-open (91282CEZ0) – 1300ET
  • Bill issuance: US Tsy $50B 4W, $45B 8W bill auctions – 1130ET
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.