BOC SAYS DOESN'T NEED TO ALTER PATH OF QT RIGHT NOW

this is a test, please ignore

MNI BRIEF: Text of Bank Of Canada Interest-Rate Decision

MNI China Daily Summary: Wednesday, July 24

MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: BTP Short Term and BTPeis on Thursday

EZ/UK T-Bill Calendar: Italy, UK Auction on Friday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

Treasury Futures Steady, Curve Slightly Steeper

US TSYS
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • Treasury futures are little changed this morning, the 2Y contract is up (+ 00.25) at 101-16.125, while the 10Y contract is unchanged at 108-23. Futures are now on track for their biggest weekly drop in 5 weeks as rate cut projections get pushed back.
  • Volumes: TU 13k, FV 16.5k, TY 25k
  • Treasuries traded lower Thursday on the back of strong PMI data, extending the pullback from the recent 109-31+ high on May 16. Support to watch lies at 108-15 (May 14 lows), on the upside initial resistance is 109-07 (50-day EMA).
  • The treasury curve is a touch steeper this morning, the 2Y yield -1.1bps at 4.925%, 10Y -0.8bp to 4.469%, while the 2y10y +0.498 at -45.783
  • Regionally: ACGBs are 4-5.5bps higher, NCGBs are 3-4.5bps, JGBs are +/- 1bp.
125 words

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.
  • Treasury futures are little changed this morning, the 2Y contract is up (+ 00.25) at 101-16.125, while the 10Y contract is unchanged at 108-23. Futures are now on track for their biggest weekly drop in 5 weeks as rate cut projections get pushed back.
  • Volumes: TU 13k, FV 16.5k, TY 25k
  • Treasuries traded lower Thursday on the back of strong PMI data, extending the pullback from the recent 109-31+ high on May 16. Support to watch lies at 108-15 (May 14 lows), on the upside initial resistance is 109-07 (50-day EMA).
  • The treasury curve is a touch steeper this morning, the 2Y yield -1.1bps at 4.925%, 10Y -0.8bp to 4.469%, while the 2y10y +0.498 at -45.783
  • Regionally: ACGBs are 4-5.5bps higher, NCGBs are 3-4.5bps, JGBs are +/- 1bp.