-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
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.
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 AccessTsys surged higher after dovish hold...>
US TSY FLOWS: Tsys surged higher after dovish hold announcement from FOMC, 30Y
yld <3.0 to 2.972% after the bell. Yld curves in long end bull steepened while
3M10Y curve gapped >9.7 bps flatter to 5.832% late -- indicative of rising
probability of recession over medium term. US$ index dropped (DXY -.435,
95.948); equities traded higher post FOMC until prospect of waning economic
growth outweighed monetary accommodation (SPX -9.5, 2827.0).
- Looks dovish all around on the median economic projections... Weaker GDP and
lower PCE inflation for both 2019 and 2020 (not the expectation of most analysts
who saw weaker 2019 in SEP but not 2020), lower long-term NAIRU and higher
unemployment forecasts across 2019-21 = room to keep policy easy. Powell
downplayed wage growth
- Not exceptionally heavy volume on day -- but much better than lead-up to
meeting (TYM>1.4M). Tsy futures continued to grind higher late. On tap for Thu:
Wkly claims; Mar Philly Fed Mfg Index; Leading Indicators for Feb; natural gas
stocks; Fed wkly securities holdings for Mar. Tsy cash/ylds: 2Y 100-06 (2.398%),
5Y 100-06.75 (2.328%), 10Y 100-27 (2.526%), 30Y 100-16.5 (2.972%).
To read the full story
Sign up now for free trial access to this content.
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.