TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Tsys Futures Edge Lower Ahead Of US Jobless Claims

US TSYS
  • Treasury futures have edged lower throughout the day and now trade at session's worst as cash trading returned from a break. TUU4 is -0-02⅜ at 102-05¾, while TYU4 is -0-08+ at 110-17.
  • We have broken below Wednesday lows across the curve, although TYU4 still holds well above initial support at 109-22+ (50-day EMA).
  • Cash treasuries are cheaper across the curve today with slightly better selling through the belly, yields are +2-3bps. The 2Y is +2.3bps at 4.735%, 5Y +3bps at 4.273% while the +2.7bps at 4.25%, the 2y10y is a touch higher than Tuesday's & the YTD lows +0.801 at -48.768 vs -49.936 lows.
  • APAC markets: NZ GDP came in above estimates at 0.2% vs 0.1%, we had some weak bond auction results earlier with NZGBs closing 4.5-6bps cheaper across the curve, ACGBs are 2-3bps cheaper, curve has steepened. While Japan had a solid 5y auction, the curve has bull-flatten with yields +/- 2bps
  • The Fed's Neel Kashkari and Thomas Barkin will speak later today
  • Looking ahead, Weekly Claims, House Starts & Build Permits while the Bank of England makes their policy announcement.
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.