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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
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Emerging Markets
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Credit
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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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 BRIEF: Canada Commits To Just One Of Three Fiscal Anchors
MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation
Tsys Curve Sees Greater Selling Through Belly, Kaplan Sees Cuts in Sept
- Treasury futures are lower this morning, although we trade well within Wednesday ranges. The Fed's Beige Book showed slight economic growth and cooling inflation overnight, while Fed Governor Waller said they are getting “closer” to cutting rates, but is not there yet.
- Post NY close Former Fed Dallas President Kaplan said he anticipates the Fed may reduce interest rates in September and possibly again in December, but does not expect it to initiate a prolonged rate-cut cycle due to high fiscal deficits and energy prices.
- TUU4 is -0-01+ at 102-18¾ while TYU4 is currently -0-06 at 111-08
- The cash treasury curve has seen better selling through the belly of the curve, with the 5-7yr tenors 1.8-1.9bps cheaper.
- Earlier, Biden was confirmed to have covid, this follows comments he made saying he would potentially drop out if diagnosed with a "medical condition". The betting markets have swung again post this news with Kamala jumping 25pts to 47%, while Biden has dropped 26pts to 44% chance of being the Democratic Party nominee.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.