TRUDEAU SAYS TAX BREAK WON'T STIMULATE INFLATION

CANADA PROPOSES GIVING SALES TAX HOLIDAY ON `ESSENTIALS'

MNI BRIEF: US Existing Home Sales Beats Expectations In Oct

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

MNI China Daily Summary: Thursday, November 21

MNI BRIEF: China To Enhance Support For Foreign Trade - MOFCOM

EZ/UK Bond Supply Calendar: UK Synd; EU-Bond Auction on Monday

US EIA:NAT GAS STORAGE -3 BCF TO 3,969 BCF NOV 15 WK

MNI: US NAR: OCT EXISTING HOME SALES 3.96M SAAR

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Treasury Futures Edge Higher As Volumes Surge, Weekly Claims Later

US TSYS
  • US treasury futures volume has surged today, initially volumes picked up after what looked to be stopped being triggered, ~160k TY contracts have traded as we head into the Asia break over double the recent volume for this time of day, the contract trades near intraday highs at 109-30+ up (+ 07+), TU briefly traded above overnight highs, tapping 101.29.75 but has been met with sellers and now trade back at 101-29 up ( +01.125)
  • The treasury curve has flattened today with yields 1-3bps lower, the 2Y yield -1.3bps at 4.711%, 10Y -2.1bps to 4.319%, while the 2y10y -0.866 at -39.447
  • Looking across local rates markets: NZGBs yields are 8-10bps lower, ACGBs yields are 11-12bps lower, JGBs are 0.5bp - 4bps lower, while in the EM space INDON yields are 8-15bps lower and PHILIP yields are 5-12bps lower
  • Short end rate cut pricing now projects two 25bp rate cuts by year end (Sep & Dec)
  • Looking Ahead: Weekly Claims, Build Permits and more Fed Speak
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

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.