Free Trial

Tsys hold mixed levels post data,......>

US TSY FLOWS
US TSY FLOWS: Tsys hold mixed levels post data, 2s-10s weaker, long end pared
gains ahead weekly claims; mkt following Gilts after BoE MPC voted unanimously
to leave rates unchanged at 0.75%. Curves mostly flatter save steeper 3M10Y.
- Decent futures volume (TYM>425k) but on narrow range ahead Fri's headline
employ data (NFP est +190k).
- Two-way flow on net, mild fast$ selling short end earlier, prop and bank
portfolio buying intermediates pre-post data. Swap-tied receiving 2s-5s; decent
deal-tied selling intermediates. Recent TYM/WNM duration weighted flattener
block.
- The 2-Yr yield is up 1.4bps at 2.3186%, 5-Yr is up 1bps at 2.31%, 10-Yr is up
1.1bps at 2.5107%, and 30-Yr is up 0.4bps at 2.9077%.

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.