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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 mixed, ultra bond......>
US TSYS SUMMARY: Tsys trading mixed, ultra bond little higher, near mid narrow
range. Bit of risk-on following Tsy Sec Mnuchin comments over weekend China
trade war "postponed" on lower tariffs, stocks surge.
- The USD index higher (DXY +0.171, 93.808), US$/Yen +.49, 111.27; stocks strong
(emini +15.25, 2728.25); West Texas crude little higher (WTI +0.04, 71.32); gold
weaker (XAU -7.16, 1285.44).
- Wk kicks off w/trio of Fed speakers answering audience Q&A at separate events
(Bostic, Harker, Kashkari), eco-data doesn't get underway until Tue, should be
quiet ahead May minutes on Wed.
- Asia / London, after weaker start Tsys made couple moves back to steady,
two-way flow on decent volume, Tsy curves flatter at moment, hearing macro funds
scaling in steepeners. Decent futures volume (TYM>400k).
- Swaps, spds mildly tighter across curve, light two-way flow.
- Eurodollar futures, weaker across strip, Whites-Greens -0.015-0.020.
- Tsy cash/ylds: 2Y 99-20.5 (2.566%), 5Y 99-09.25 (2.904%), 10Y 98-11 (3.067%),
30Y 98-17 (3.201%)
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.