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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessTreasuries open NY lower, flatter...>
US TSYS SUMMARY: Treasuries open NY lower, flatter after overnight range as
traders mark time into Friday's August nonfarm payroll employment. Lots of econ
data today: 8:30am ET July US personal income/PCE, initial wkly jobless claims,
9:am ET Aug ISM Milwaukee and 9:45 MNI Chicago PMI and BBG Consumer comfort
index and finally, 10am ET NAR pending home sales.
- TOKYO: Treasuries saw early bid wane amid selling by Asian regional banks due
to firmer China PMIs; 5/30Y flatteners done. Japan's Nikkei stock index +0.72%
but China CSE 300 -0.32% and HKG's Hang Seng -0.44%.
- LONDON: Treasuries saw specs two-way in 2Y to 5Y, fast money selling 5Y and
credit-tied buying on the lows. Misc acct buying arose in 5Y through 10Ys. EGBs
improved on Reuters ECB sources story that stated obvious point that euro
appreciation will influence the QE decision.
- US SWAPS: Mildly wider. US EURODLR FUTURES: Mildly lower in Whites-Reds
(Sep17-Jun19).
- OVERNIGHT REPO: 2Y, 3Y, 5Y, 10Y specials wane as today is 2/5/7Y auction
settlement.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.