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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.
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Free AccessTsys trading firmer, near top end of...>
US TSY FLOWS: Tsys trading firmer, near top end of range on decent volume
w/Europe back from Boxing day holiday (TYH>385k), yld curves flatter.
- Equities giving back portion of Wed's strong rally (SPX -38.25, 2432.75); US$
index mildly weaker (DXY -.266 at 96.784); Gold stronger (XAU +6.30 at 1273.45);
West Texas crude giving back small portion of Wed's sharp rally (WTI -0.87 at
45.35).
- More robust overnight trade included two-way in shorts to intermediates during
Asia hours, better buying in intermediates to long end during London hours, bank
portfolio buying short end, macro fund buying 5s.
- Swap spds mildly wider to steady out the curve, light rate paying in 5s-6s.
- Data highlights for Thursday: Conference Board confidence for December (134.5
est); Nov New Home Sales and Building Permits Revision release canceled due to
US Gov shutdown (see 0717ET bullet); also US Tsy $32B 7Y note auction
(9128285T3)
- Tsy cash/ylds: 2Y 99-26.25 (2.589%), 5Y 99-30.5 (2.633%), 10Y 103-01 (2.770%),
30Y 106-25.5 (3.027%)
To read the full story
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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.