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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 ended mixed after a......>
US TSYS SUMMARY: Treasuries ended mixed after a choppy trade/inside range day,
brief short-covering rally then profit-taknig after lower than anticipated +261K
Oct NFP, flat (0%) AHE, 4.1% jobless rate. Sep trade deficit wider: -$43.5B.
Tsys trading marginally mixed early in afternoon (10Y yld 2.345%), long end
little firmer after trading in red a few times on thin trade. Debate on tax
reform, will bill pass, tax cuts not evenly distributed - Tsys receded after
firmer than expected 1.4% Sep factory orders. Mild post data rally/sellers into
strength w/prop and fast$ 10Y sellers;real$ sold 10s and 30s post data,
flatteners via 2s vs. 7s and 10s, two-way in 5s30s. Two-way on downtick w/short
covering/dip buying.
- Short end, decent 2way in lead EDZ7 Eurodlr futures at 98.48 (-0.005);decent
selling Jan Fed funds futures, -15k FFF 98.62 (-0.010).
- US$/Yen correlation:early FX-tied black box Tsys buys then selling as US$
jumped to Y114.0215; specs unwind some sales. Swap spds tighter.
- TSYS 3PM ET: 2Y 1.625%, 3Y 1.737%, 5Y 2.005%, 7Y 2.199%, 10Y 2.343%, 30Y
2.822%
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.