MNI: BANK OF KOREA KEEPS POLICY RATE AT 3.50%: PRESS

MNI BRIEF: Fed's Cook Very Attentive To Labor Risks

MNI China Daily Summary: Wednesday, July 10

MNI BRIEF: China To Investigate EU Trade Actions

MNI BRIEF: China June CPI Hits Three Month Low

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

Japan May Machine Orders -3.2% M/M

MNI JAPAN MAY CORE MACHINE ORDERS -3.2% M/M; APRIL -2.9%

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Treasuries Cheapen With European Data; ECI & PCE Swing Into Focus

US TSYS
  • Cash Tsys have seen a sizeable belly-led retracement of yesterday’s post-ECB rally, starting slowly in Asia hours and then spurred on by a string of European data beats including German GDP and Italian CPI. Focus will shortly turn to a data-heavy docket with an eye on Wednesday’s FOMC decision.
  • 2YY +8.7bps at 4.361%, 5YY +9.9bps at 4.16%, 10YY +7.9bps at 3.998%, and 30YY +3.5bps at 4.118%.
  • TYZ2 trades 16 ticks lower at 111-06 towards the middle of yesterday’s range on above average volumes. The primary trend remains down, with resistance at yesterday’s high of 111-31 and support seen at 110-16 (Oct 26 low).
  • Data: Focus on ECI for Q3 (0830ET), PCE for Sep (0830ET) and final U.Mich for Oct (1000ET), even if yesterday’s Q3 data imply core PCE of 0.42% M/M barring revisions, whilst also see pending home sales for Sep (1000ET).
BulletMarketsFixed Income BulletsHomepageUS
BulletMarketsFixed Income BulletsHomepageUS

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.