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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.
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Free AccessTreasuries have traded in a tight...>
US TSYS SUMMARY: Treasuries have traded in a tight range on light volume early
Wednesday, with the FOMC clearly the focus, but some data worth watching too.
- Sep 10-Yr futures (TY) up 3.5/32 at 127-14.5 (L: 127-11 / H: 127-15)
- The 2-Yr yield is down 1.8bps at 1.828%, 5-Yr is down 1.6bps at 1.8256%, 10-Yr
is down 1.2bps at 2.0457%, and 30-Yr is down 1.2bps at 2.5681%.
- Last call for our Fed preview (see link below) - we'll have a few notes later
today and will be live-reporting the statement/Powell presser.
- https://emedia.marketnews.com/FEDJul2019PREVIEW.pdf
- A few US-China trade headlines of note, mostly upbeat: Xinhua reporting
'candid, efficient talks' including potential increase in Chinese purchases of
US agri; next round of talks to be held in U.S. in September.
- Treasury quarterly refunding announcement at 0830ET.
- Data includes Jul ADP employment (0815ET), Q2 ECI (0830ET), and MNI Chicago
PMI (0945ET: 51.0 surv, 49.7 prior) the last piece of data before the FOMC.
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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.