Free Trial

Treasuries exploded higher in.......>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries exploded higher in Asia-Pac hours on Iranian strikes
on U.S. bases in Iraq (Ultras up over 3 handles at one point), but have pared
most gains as escalation fears have abated.
- All eyes will be on an anticipated statement by Pres Trump this morning on
Iran, time TBA.
- The 2-Yr yield is down 1bps at 1.5302%, 5-Yr is down 1bps at 1.6024%, 10-Yr is
down 1.2bps at 1.8056%, and 30-Yr is down 1.4bps at 2.2915%.
- Mar 10-Yr futures (TY) up 3.5/32 at 129-08.5 (L: 129-07 / H: 130-06).
- WTI up only slightly (0.4%) after being up 4.6% at one point overnight; Stock
futures flat-to-higher (S&P e-minis up 0.3%).
- ADP Dec employment the only data point of note (0815ET).
- Fed Gov Brainard speaks on the Community Reinvestment Act at 1000ET.

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.