MNI BRIEF: Italian Business See Prices At 1.5% In 2025 -BOI

MNI China Daily Summary: Tuesday, January 14

MNI NBP WATCH: Rate Hold Seen After Governor's Hawkish Tilt

MNI BRIEF: PBOC To Ensure Yuan Stable, Ease For Economy: Xuan

MNI BRIEF: China Yields Will Reflect Fundamentals - PBOC

MNI: US DEC TREASURY BUDGET -$86.7B

MNI: US REDBOOK: JAN STORE SALES +4.0% V YR AGO MO

MNI: US DEC FINAL DEMAND PPI +0.2%, EX FOOD, ENERGY +0.0%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US TSYS: Treasuries Hold Range, Focus on Upcoming PPI & CPI Inflation Data

US TSYS
USBulletMarketsFixed Income BulletsNorth America
  • Treasuries held to a narrow session range Monday amid decent volumes (TYH5 over 1.5M contracts despite Japan out on extended holiday) ahead of this week's PPI and CPI inflation data on Tuesday and Wednesday respectively.
  • Late session risk-on saw Tsys soften (TYH5 107-08, -4.5) while stocks climbed off lower lvls, SPX Eminis near steady, DJIA outperforming, Nasdaq weaker but well off lows, apparently reacting to chatter that an Israeli ceasefire-hostage deal may be reached by tomorrow.
  • NY Fed consumer inflation expectations saw a mixed month for December, with the 1Y holding steady at 3.0%, the 3Y jumping 40bps to 3.0% and the 5Y falling 20bps to 2.7%. The 3Y measure is its highest since Nov 2023 and came amidst its highest uncertainty since May.
  • Wednesday’s US CPI report headlines the weekly calendar, with Bloomberg consensus currently looking for a 0.2% M/M print for core CPI in what’s a close call with a 0.3% M/M. Indeed, our initial review of 13 unrounded analyst estimates sees these generally more detailed projections centered around 0.25% M/M for core CPI in December.
175 words

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.
  • Treasuries held to a narrow session range Monday amid decent volumes (TYH5 over 1.5M contracts despite Japan out on extended holiday) ahead of this week's PPI and CPI inflation data on Tuesday and Wednesday respectively.
  • Late session risk-on saw Tsys soften (TYH5 107-08, -4.5) while stocks climbed off lower lvls, SPX Eminis near steady, DJIA outperforming, Nasdaq weaker but well off lows, apparently reacting to chatter that an Israeli ceasefire-hostage deal may be reached by tomorrow.
  • NY Fed consumer inflation expectations saw a mixed month for December, with the 1Y holding steady at 3.0%, the 3Y jumping 40bps to 3.0% and the 5Y falling 20bps to 2.7%. The 3Y measure is its highest since Nov 2023 and came amidst its highest uncertainty since May.
  • Wednesday’s US CPI report headlines the weekly calendar, with Bloomberg consensus currently looking for a 0.2% M/M print for core CPI in what’s a close call with a 0.3% M/M. Indeed, our initial review of 13 unrounded analyst estimates sees these generally more detailed projections centered around 0.25% M/M for core CPI in December.