Free Trial

Trimming Gains Post-Claims


Tsys trimming gains after lower than estimated weekly claims at 293k -- lowest since pre-pandemic, tame PPI at .5, .2 core. Fast two-way immediately after release seeing better selling in 10s-30s from prop and real$ accts. Yield curves bouncing after week's broad flattening:

  • 3M10Y +0.531, 149.138 (L: 145.208 / H: 149.844)
  • 2Y10Y +1.116, 118.793 (L: 116.355 / H: 120.662)
  • 2Y30Y +2.844, 169.711 (L: 166.781 / H: 171.969)
  • 5Y30Y +3.459, 99.051 (L: 95.6 / H: 100.846)

To read the full story



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.