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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 trading steady/mixed,......>
US TSY FLOWS: Tsy futures trading steady/mixed, near middle narrow overnight
range on very light overnight volume (TYU w/100k so far). Equities weaker (emini
-3.5, 2474.00), gold higher (+1265.05, +7.15), oil steady (WTI 49.39, +0.00).
- Asia, Tsys traded mildly higher in early Asian hours, light volume/narrow
range amid some Asian holidays. Sources reported light foreign central bank
buying in 2s, sellers in TYU at 126-05.5, Asia regional banks sold Tsys across
curve (auction hedges?) China trade surplus widened for a fifth straight month;
Japan's Nikkei stock index settled down .0.3%.
- London, muted summer trade continued. Sources reported light end user buying
5s, 10s and 30s. USD weaker vs. Yen lending some mild support for Tsys.
- Swaps, running steady to mildly wider amid light deal-tied paying, more
high-grade supply should keep lid on spds after nearly $15B priced Monday.
- Eurodollars, steady to mildly higher in the short end, weaker out the strip;
3M LIBOR -0.0020 to 1.3094% (-0.0024/wk). Dec rate hike probability 40.8% (MNI
PINCH).
To read the full story
Sign up now for free trial access to this content.
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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.