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Policy
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Data
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Global Macro
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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Tsys hold lower levels by the.......>
US TSYS SUMMARY: Tsys hold lower levels by the bell, off lows after extending
past late O/N lows as US$/Yen tops 110.40. Generally quiet, little react to data
(weekly claims +9k to 227k), 10YY climbed to 2.844% after StL Fed Pres Bullard
said productivity growth "could surprise". Lull in month-end buying that helped
push Tsy ylds lower Wed.
- US$ index rebounds late (DXY +0.072 to 95.362; US$/Yen new session highs
(110.63); equities surged (emini +18.0, 2723.0); gold weaker (XAU -4.94,
1247.35); West Texas crude continues to gain (WTI .52, 73.28 after tapping
74.03, new year high/revisits 2014 high).
- Tsys receded w/bounce in US$/Yen, program and fast$ sales in belly,
pre-auction short sets ahead $30B 7Y auction, light HG corp flow), option-tied
hedging, two-way positioning ahead Fri's PCE data -- accts eying sidelines ahead
next wk's 4th of July holiday. Swap spds still wider but off earlier highs, spd
curve off flats amid decent steepener flow, rate paying in 5s, 6s and 10s. Tsy
cash/ylds: 2Y 99-30.62 (2.520%), 5Y 99-17 (2.724%), 10Y 100-08 (2.844%), 30Y
102-29.5 (2.976%).
To read the full story
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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.