MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Treasuries Muted As They Consolidate Y'day Cheapening

US TSYS
  • A relatively muted European session for Tsys where the focus has been on EGBs seeing a growth positive tilt. Cash Tsys cheapen slightly on the day across most of the curve but still sit a little off yesterday’s lows seen after a strong US ISM and a hawkish BOC at the same time.
  • Barkin, Bullard and Daly all pushed back on recession fears yesterday and data releases come thick and fast to continue testing that, including ADP employment as well as finalised ULCs/productivity for Q1 and durable goods orders for April before tomorrow’s nonfarm payrolls and service ISM for May.
  • In yield space, 2YY +1.0bps at 2.652%, 5YY +1.2bps at 2.928%, 10YY +0.7bps at 2.913% and 30YY +0.1bps at 3.057%.
  • TYU2 sits 3+ ticks higher at 118-24 on soft volumes with the UK bank holiday. It’s trading at this week’s lows, with support eyed at 118-16+ (May 23 low) after which it could open a key support at 118-01+ (May 18 low).
  • Fedspeak: Brainard, Logan and Mester all speak today.
  • Bill issuance: US Tsy $35B 4W, $30B 8W bill auctions (1130ET).
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.