Trial now
FED

NY Fed Operational Purchase

EMERGING MARKETS

Financials Find Support at 200DMA

BONDS

EGB/Gilt - Yields hit multi months low

DATA REACT

Solid U.S. Factory Orders

US TSYS
US TSYS: Tsy futures are drawing support from the soft internals of China's
December trade data (with imports and exports both moving into negative
territory in Y/Y terms, printing well below estimates in the process).
- T-Notes had already experienced a couple of spurts of buying activity which
pushed the contract higher in early dealing.
- The white and red Eurodollar contracts are dealing 1.5-3.5 ticks higher at
writing.
- T-Notes last 122.07+, U.S. 10-Year cash Tsy yields closed at 2.701%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com