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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Tsy futures blew past top end of....>
US TSYS SUMMARY: Tsy futures blew past top end of overnight range on knee-jerk
react to CPI data (July CPI +0.1%, core CPI +0.1%, both below expectations for
+0.2% readings), recedes to modestly higher levels soon after. Geopol-tied
safe-haven bid near abeyance.
- Long end bid evaporated, curve steepened as equities traded higher, FX-tied
buying eases as USD bounced. Flow two-way in 10s & 30s, props, fast- and real$.
- Curve held steeper levels w/long end near session lows midmorning, 2s-10s held
modest gains. Rebound in USD last few minutes spurred selling out the curve.
Sources also reported flattener unwinds, two-way in 5s and 10s, others unwind
longs as equities rebound following steep losses this week, squaring up ahead
weekend.
- Treasuries consolidated amid long end pressure showing up more in futures than
cash Tsys. Foreign central bank buying arose in US intermediates, paying short
end ahead next wk issuance.
- Limited react to Fed speak, Kaplan and Kashkari both note lagging inflation,
labor slack.
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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.