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MNI BRIEF: Japan Nov Outlook Index Rise First In Four Months

MNI: PBOC Injects Net CNY78 Bln Fri; Rates Unchanged

CHINA PBOC INJECTS CNY197 BILLION VIA 7-DAY REVERSE REPOS FRI

UK Timeline of Key Events (All Times in GMT)

Eurozone Timeline of Key Events (All Times in GMT)

JAPAN Q3 CAPEX REV -0.4% Q/Q; PRELIM -0.6%; MEDIAN -0.5%

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

Tsys Pare Gains, Fed Attentive to Long Term Yields

US TSY FUTURES
BulletMarketsFixed Income NewsHomepage
  • Still bid, Tsy futures scaling off session highs as Powell notes "expectation of higher near-term policy rates is causing the increase in longer-term rates."
  • Chairman Powell stressed the "most important thing is that these higher Treasury yields are showing through the higher borrowing costs for households and businesses and they will weigh on economic activity to the extent that tightening persists and the mind's eye goes to the 8%, near 8% mortgage rate, which could have pretty significant effect on housing."
  • Dec'23 10Y currently trading 106-23.5 (106-29.5 high). 10Y yield at 4.8014% -.1293. Curves flatter but off lows: 3M10Y -12.115 at -66.582, 2Y10Y -3.134 at -19.214.
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  • Still bid, Tsy futures scaling off session highs as Powell notes "expectation of higher near-term policy rates is causing the increase in longer-term rates."
  • Chairman Powell stressed the "most important thing is that these higher Treasury yields are showing through the higher borrowing costs for households and businesses and they will weigh on economic activity to the extent that tightening persists and the mind's eye goes to the 8%, near 8% mortgage rate, which could have pretty significant effect on housing."
  • Dec'23 10Y currently trading 106-23.5 (106-29.5 high). 10Y yield at 4.8014% -.1293. Curves flatter but off lows: 3M10Y -12.115 at -66.582, 2Y10Y -3.134 at -19.214.