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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 have edged higher........>
US TSYS SUMMARY: Treasuries have edged higher early Wednesday, ahead of a busy
day on Capitol Hill including testimony by Fed Chair Powell.
- The Mar 19 T-Note future is up 3/32 at 122-04, having traded in a narrow range
of 122-02 to 122-07.
- Bit of bull steepening: 2-Yr yield down 1.2bps at 2.494%, 5-Yr down 1.1bps at
2.4652%, 10-Yr down 0.4bps at 2.659%, and 30-Yr up 0.2bps at 3.0287%.
- Plenty of legislative branch action today. House of Representatives will vote
today on whether to block Pres Trump's attempts to call a border emergency.
- Fed Chair Powell will deliver his semi-annual testimony to congress today, at
the altered time of 1445GMT/0945ET.
- WSJ story Tues morning suggested Trump's former lawyer Cohen could testify and
provide evidence before Congress Wednesday that the President engaged in
criminal conduct while in office, little market reac to headline though.
- Delayed Dec housing starts and building permits data out today as well.
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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.