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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.
Real-time Actionable Insight
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 holding near session....>
US TSYS SUMMARY: Tsy futures holding near session highs early in the second
half, reversed mildly weaker levels from the open after Fed chair Yellen
delivered Jackson Hole speech w/no comments on policy direction or eco outlook.
Volatility evaporated as rates adjusted higher but holding to narrow range.
Little/no react to second-tier data.
- Large Block buy 11.9k FVU 118-13.75; two-way flow in lead-up to Fed Yellen
speech; 2/10Y, 2/30Y, 5/30Y curve flatteners done; FX-tied buying as USD slipped
vs. Yen; heavy Sep/Dec Tsy roll volume, Sep Tsy option expiration w/low pin risk
- Tsys seemed to draw buying spurred by Dallas Fed Kaplan comment that terminal
rate was closer to 2.5% than 3.0%; also that mkt or real estate correction could
be healthy, that correction of high asset valuations are not a systemic risk and
may even be "healthy", but he was watching the risks from debt build up.
- Apparent fat-finger in Gold futures sent contracts tumbling $10 off highs in
early trade(tapped 1280.0 vs. 1292.0 high), rebounded back to 1292-1294.0 area
soon after.
- Fed Yellen defended post financial crisis financial controls.
To read the full story
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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.