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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 NY Tuesday lower....>
US TSYS SUMMARY: Treasuries open NY Tuesday lower still after overnight risk-on
mood as N.Korea leader Kim Jong Un said he's been briefed on his military
ability to hit Guam with missiles, but not doing such tests, watching US
moves/signals. Risk assets gain thus again after Mon risk-on mood. Pres. Trump
to sign executive order on certain infrastructure projects later today.
- TOKYO: Asian stocks gained with Japan's Nikkei +1.1%. Tsys declined after
N.Korea comments aired, rangey into UK cross amid two-way flows in 3Y, 5Y notes.
Asian banks bought 2Y-5Y notes.
- LONDON: Lighter volume on Assumption Day holiday in some of Europe (Austria,
Belgium, France, Greece, Italy, Poland, Portugal, Slovenia, Spain and Catholic
parts of Germany, Switzerland.) Misc acct sales in US intermeds to long end vs.
real$ buying short end, credit-tied 30Y buying. Some sold belly/buy 10Y. Roll
volume picks up in Sep/Dec futures.
- US SWAPS: Spreads mildly tighter into Amazon debt deal estimated $16B+ with
five tranches via BAML/GS/JPM.
- O/N RP: Current 2Y notes remain tight once again.
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.