Free Trial

Tsy trading mildly higher at the....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsy trading mildly higher at the top of the range, strong
volume (TYH 1.33M), curves flattening. Data today led by US Chicago PMI which
came in much stronger than expected at 66.4 vs 58.5 expected. The market seemed
to dismiss the strong report saying it reflects an uptick in activity ahead of
the implementation of tariffs.
-G20 Summit kicked off today with President Trump signing a new trade deal with
Mexico and Canada. In regards to China, "*LIGHTHIZER SAYS HE WOULD BE SURPRISED
IF CHINA DINNER FAILS-bbg"
-Headline out this morning, "*OPEC COMMITTEE SUGGESTS 1.3 M B/D CUT FROM OCT.
LEVEL: DELEGATE-bbg". WTI climbed back above %51 on headline, WTI currently down
(WTI -0.81, 50.64). 
-DXY up +.492, 97.270 (97.712L/97.311H), $/Eur down -0.0083 at 1.1310, $/Yen up
+0.11 113.59; equities higher (emini +14.00, 2758.25 vs. 2759.75H); Gold down
(XAU -2.20, 1221.99)
-Tsy cash/ylds: 2Y 99-28.5 (2.805%), 5Y 100-5.5 (2.836%), 10Y 101-00 (3.006%),
30Y 101-10.5 (3.304%).

To read the full story

Close

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.