- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- About Us
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 AccessTrending Top 5
Market News Topics
September 01, 2017 16:50 GMT
*** Tsys hold lower lvls after......>
US TSYS SUMMARY
US TSYS SUMMARY: *** Tsys hold lower lvls after midday, well off lows on
post-data chop following Aug NFP miss (152k vs. 180K exp), confusion over AHE.
Brief rally on weak data (anticipated, MNI reported Aug read tends to fall short
of est's), confusion over incorrect July AHE rvs'n reported lower by Bbg, rates
reverse gains on correction.
- Brisk sales as BBG ECB story ECB likely won't have QE-taper plan ready until
Dec ECB meet. Additional selling on strong 58.8 ISM Purchasing Managers Index.
- Flows: real$ buying in 2s and 5s post data, prop buying 10s; leveraged accts
in multiple steepeners, 2s3s, 3s5s, 7s10s and 5s30s. Better sellers on the
reversal included fast- and real% in 5s and 10s, bank portfolios sold 30s. Trade
has grown quiet over last hour, Tsy futures see some buying out the curve buy
misc accts, light consolidation/position squaring ahead extended holiday
weekend. Option vols inching lower.
- Cash Tsys 5/30Y curve two-way flows, profit-taking on earlier steepeners.
Eurodlr futures had a sale of 20,000 Dec'17 at 98.575 to -0.57, partially tied
to Sep/Dec buy at 0.100.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok