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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 open Friday NY weaker,....>
US TSYS/STOCKS: Treasuries open Friday NY weaker, steeper as the market action
wanes into the weekend, and into next week's Thanksgiving holiday-shortened
action.
- TOKYO: Tsys began weaker after hit new lows late NY, then improved on
short-covering. Tsys aided by weaker US$/yen with position-squaring into wknd.
Japan's Nikkei stk index ended +0.2%.
- LONDON: Narrow Tsys range, long end pressured; German Bunds improve starting
7:30am ET after sleepy overnight. Credit-tied hedge sales in Tsys; regional
banks did two-way flows.
- US SWAPS: Mildly tighter in short end, wider long end. 10Y spd nr
dis-inverting, first time since 2015. Light 2way flow in 2Y, 5Y.
- EURODLR FUTURES: Steady/ weaker; EDZ7 selling after higher 3m LIBOR set.
- US CORPORATE BONDS: Scant issuance Fri other than maybe quick drive-by bond.
US high-grade and junk CDXs improve a bit after choppy weak. WSJ cited BA/ML
saying junk bond fund outflow in wk end Nov15 hit $6.7B, 3rd-highest number on
record. US STOCKS: US futures mixed; OVERNIGHT RP: Tsy 5Y, 10Y tighter
To read the full story
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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.