Free Trial

Treasuries have traded largely......>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries have traded largely sideways in choppy European
trade following an overnight drop post White House's Kudlow commenting that
U.S.-China Phase 1 deal is close.
- Dec 10-Yr futures (TY) down 6.5/32 at 129-04.5 (L: 129-00.5 / H: 129-10). A
bit of a jump around 0300ET as Bunds/Gilts moved higher on equity move lower, no
real trigger though. S&P Emini last up 0.2%.
- The 2-Yr yield is up 1.7bps at 1.6081%, 5-Yr is up 2bps at 1.6484%, 10-Yr is
up 1.9bps at 1.8377%, and 30-Yr is up 1.4bps at 2.3141%.
- Retail sales at 0830ET is the data highlight (Empire State out at same time).
At 0915ET we get ind prod and capacity util.
- No scheduled Fed Speakers today, perhaps a welcome break after a slew this
week. Fed releases Financial Stability report at 1400ET, however.

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.