MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

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 Resume Losses After Holiday, JGB Curve Flattens Ahead Of BoJ

BONDS
U.S. Tsy curve has bear flattened as cash trading resumed after a long weekend, with yields sitting 2.8-5.1bp higher as we type. The 2-year Tsy yield has crossed above the 1% mark for the first time since Feb 2020, presumably on the back of the continued circulation of hawkish Fed musings. T-Notes have unwound their initial uptick and now change hands -0-13+ at 127-24+, while Eurodollar futures trade 1.5-5.5 ticks lower through the reds.
  • The BoJ may announce their monetary policy decision at any point from now. While they are expected to leave main policy parameters unchanged, focus will fall on any tweaks to the language/forecasts. JGB futures re-opened on a marginally firmer footing, they last trade unch. at 150.83 after a spell of largely sideways movement. Cash JGB yields sit lower across a slightly flatter curve. The release of industrial output data later today is unlikely to affect the space, with BoJ matters taking centre stage.
  • Aussie bond futures hold tight ranges, with YM -0.5 & XM +0.5 at typing. Modest weakness in the short-end of cash ACGB yield curve drives the overall flattening dynamic, with yields on the 10-year out sector broadly unchanged. Bills trade 1-4 ticks lower through the reds.
USHomepageBond Market NewsBank of Japan (BOJ) Market NewsBulletMarketsFixed 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.