Free Trial

*** Tsy ylds inching off lows again (10YY...>

US TSYS
US TSYS: *** Tsy ylds inching off lows again (10YY -.0564, 2.8749 vs. 2.7972L)
as US$/Yen continues to see-saw off late overnight lows (-.34, 109.07).
Additional impetus for move off lows in ylds -- equities rebounding (emini -9.5,
2708.75) hearing FANG shares moving higher (AMZN leading; FANG app 2.4% shy of
all-time highs) while bank shares continue to underperform. Drop in number of
and probability of rate hikes through year end also supportive of equities. As
noted in prior VIX bullet, market depth pretty poor as liquidity providers hug
the sidelines.

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.