Free Trial
FED

Bowman The Top 2022 Dot?

OIL

Dallas Fed Q2 Report Highlights

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Treasuries Treading Water As FOMC Minutes Eyed

US TSYS
  • Cash Tsys sit little changed on the day after yesterday’s surge as markets await the next steer from the FOMC minutes at 1400ET along with sizeable issuance beforehand after yesterday’s solid 2Y note auction.
  • 2YY -0.2bps at 2.512%, 5YY +0.2bps at 2.741%, 10YY -0.5bps at 2.743% and 30YY -1bp at 2.956%.
  • TYM2 consolidates yesterday’s move higher, sitting 3+ ticks higher at 120-15+ in a narrow range on the day amidst average volumes. The improvement in the current short-term bullish condition sees it next eye resistance at the 50-day EMA of 120-28+.
  • Bond issuance: US Tsy $22B 2Y note FRN re-open auction (91282CEL1) at 1130ET before US Tsy $48B 5Y note auction (91282CET4) at 1300ET.
  • Bill issuance: US Tsy $30B 119D bill sale at 1130ET
  • Data: Weekly MBA mortgage applications of interest after yesterday’s slide in new home sales (0700ET), along with durable goods preliminary release for April (0830ET).
146 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • Cash Tsys sit little changed on the day after yesterday’s surge as markets await the next steer from the FOMC minutes at 1400ET along with sizeable issuance beforehand after yesterday’s solid 2Y note auction.
  • 2YY -0.2bps at 2.512%, 5YY +0.2bps at 2.741%, 10YY -0.5bps at 2.743% and 30YY -1bp at 2.956%.
  • TYM2 consolidates yesterday’s move higher, sitting 3+ ticks higher at 120-15+ in a narrow range on the day amidst average volumes. The improvement in the current short-term bullish condition sees it next eye resistance at the 50-day EMA of 120-28+.
  • Bond issuance: US Tsy $22B 2Y note FRN re-open auction (91282CEL1) at 1130ET before US Tsy $48B 5Y note auction (91282CET4) at 1300ET.
  • Bill issuance: US Tsy $30B 119D bill sale at 1130ET
  • Data: Weekly MBA mortgage applications of interest after yesterday’s slide in new home sales (0700ET), along with durable goods preliminary release for April (0830ET).