Free Trial

Pullback Considered Corrective


Corrective Cycle


Corrective Bounce


Short-Term Trend Needle Points South

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 Access

Tsys trading mildly weaker,.........>

US TSYS SUMMARY: Tsys trading mildly weaker, bumping around recent lows on
anemic summer volume again w/appr less than 195k TYU so far. Another quiet day
ahead w/second tier data, $33B 3Y note auction; headline watching as US Pres
Trump departs for NATO summit today. PPI Wed, CPI Thu, Fed to release chairman
Powell's Semiannual monetary policy report to Congress at 1100ET Friday, July
13. Quiet on trade-war front
- US$ index bounces late (DXY +0.334 to 94.411; US$/Yen higher +.42 111.27
(111.35H/110.80L); equities firmer (emini +6.25, 2793.75); gold weaker (XAU
-8.80 1248.90); West Texas crude mildly higher (WTI +.38, 74.23).
- Asia, steady open, Tsy ylds mirrored gain in US$/Yen, light flow w/better
fast$ selling in 5s, two-way curve flow.
- London, early sideways trade, Tsys rebounded back to steady briefly after the
open, FX-tied buying, pre-auction short sets ahead 3Y supply.
- Swaps, spds mildly tighter, light receiving in 5s, 10s, 5s10s steepener
- Tsy cash/ylds: 2Y 99-27.5 (2.569%), 5Y 99-11.5 (2.762%), 10Y 100-01 (2.869%),
30Y 102-31 (2.973%).

To read the full story

Why Subscribe to


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.