MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

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 Flatten Further As Short End Sold

US TSYS
  • Cash Tsys have twist flattened this morning following a hawkish Fed, seeing the 2s10s spread narrow to just 65bps for the flattest since Nov-2020.
  • 2Y yields are +2.2bps at 1.172% (following +13bps yesterday), 5Y -2.0bps at 1.665%, 10Y -4.1bps at 1.823% and 30Y -5.2bps at 2.113%.
  • Whilst moving higher recently to 127-17+, TYH2 has largely consolidated yesterday’s slide. It earlier cleared support at 127-13+ (Jan 26 low) which could open the bear trigger of 127-02 (Jan 19 low).
  • Data: Heavy day of which the highlights are the advanced Q4 GDP print and durable goods orders for Dec (0830ET).
  • NY Fed buy-op: Tsy 22.5Y-30Y, appr $1.825B steady (1030ET).
  • Issuance: US Tsy $50B 4W, $40B 8W bill auctions (1130ET) followed by US Tsy $53B 7Y Note auction (1300ET).
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.