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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 US MARKETS ANALYSIS - EUR Vols Surge Ahead of US CPI
MNI China Daily Summary: Wednesday, December 11
Tsys ended lower Thursday after ebb....>
US TSY/RECAP: Tsys ended lower Thursday after ebb on lower-than-expected 260K
initial weekly jobless claims & firm 1.2% Aug. factory new orders. Tsys hurt
amid SF Fed Williams' caution that US real estate and bond prices near all-time
highs amid low US rates; Phili. Fed Harker: US is at "maximum employment" (BBG).
- Tsys saw better short end sales; Eurodollar futures sales of 12,000 in Dec'17
at 98.495 prior to 10:31am ET. Eurodollar options sale of 35,000 Dec 86 calls at
1.0 vs 98.49/0.30; Dec hike chances up to 74.5%. - Tsys hurt by higher US stocks
and potential compromise on Spain/Catalan secession as Catalan leaders disagree.
Tsys selling in cash 7Y-10Y notes by hedge funds, real$, foreign central books;
some maybe hedge vs Fri 8:30 am ET Sep jobs.
- TIPS outperform. Tsy 24B 3Y auction Oct 11 Wed and $20B 10Y reopen same day;
$12B 30Y Reopen Oct 12. US swaps spreads narrow range, mostly tighter. US
Eurodollar futures weaker. Good volume in Dec'17 and Red Dec'18 (about 500K
total).
- U.S Tsys open Asia-Pac at 125-06, 10-Year Yield last at 2.348
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.