Free Trial

Treasuries hover just below session price...>

US TSYS
US TSYS: Treasuries hover just below session price highs. Traders said the
market should remain quiet for the rest of the day, having digested largely
regulation type comments from Fed Chair Yellen, as opposed to mon pol or current
econ comments. "We now return you to our regularly scheduled march to 2.0%
10-year yield," quipped one trader. (Current 10Y note is at 2.182%.) 
- Meanwhile it's worth noting that the U.S. and S.Korea are on day 5 of 10 days
of scheduled military drils, which is not making N.Korea happy (tho no news on
that score, just a factor to keep in mind as there may be some late risk-off
buying into the weekend.) 

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.