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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 rose Mon amid buying.....>
US TSYS SUMMARY: Treasuries rose Mon amid buying as stocks weakened on Bloomberg
report that House might have corporate tax cuts might be phased in over several
yrs. Next up 3pm ET US Tsy quarterly funding news which presages Wed 8:30am ET
US Nov quarter refunding news (3/10/30Y auctns, etc.)
- Tsys had FX-tied buying amid weaker US$/vs. Jpn yen. Tsys had real money and
US and foreign buyers in morning action, with 5-year notes especially seen as
alluring when hit 2% mark; now they are at 1.998%.
- Tsys technical buying too as US 10-year note moved away from 2.40%; now
10-year is at 2.376%. Tsys aided too as German Bunds rose on lower 1.5%
pan-German flash HICP, and 2 large Bund futures block buys: 5,689 RXZ6 at 162.51
at 13:14 GMT; 5,074 RXZ7 at 162.61 at 13:14 GMT too.
- Tsy futrs block buy at 8:45am ET: 5,000 TYZ 10Y at 124-28, buy-thru; block
sale at 8:24am ET: 8,000 FVZ 5Y at 117-04.25 sell-thru; also block buy of 4,565
TYZ 124-28 buy thru; also Eurodlr futures had buy of 10,000 EDH8/EDZ8 at 0.280,
also bought on screen; 10:39am ET Eurdlr futures sale of 5,000 EDM8/EDH9 strip.
Light month-end support; decent options-tied buys.
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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.