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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 AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Tsys trading moderately higher,.....>
US TSYS SUMMARY: Tsys trading moderately higher, scaling back early overnight
risk-off support amid ongoing trade angst after U.S. Pres Trump tweeted threat
of "more than Reciprocity" Sunday against countries w/trade barriers/tariffs
against US. Early gains also coincided w/drop in US$/Yen. Choppy O/N for US$
index (DXY -.104 to 94.416 last vs. 94.698H; US$/Yen -0.38 to 109.59 vs.
109.38L); equities broadly lower (emini -16.0, 2743.5); gold little weaker (XAU
-.86, 1268.55); West Texas crude little firmer after blowing past 50DMA Fri (WTI
+0.15, 68.73).
- Asia, quiet open, Tsy futures gained early as US$/Yen ratcheted lower, prop
buying short end, program buying in belly.
- London, carry-over risk-off bid, Tsys also trailing EGBs as sovereign spds
widen (Italy/Bund 5Y +11.8, 220.0, flow two-way by midmorning, real$ selling 7s.
- Swaps, directionally tighter w/lower Tsy ylds, decent receiving 2s and 3s.
Eurodollar futures, firmer, off top end of range despite lower 3M LIBOR set
(-0.0018 to 2.3370%, +0.0129 last wk). Tsy cash/ylds: 2Y 99-29.5 (2.537%), 5Y
99-31 (2.755%), 10Y 99-29.5 (2.882%), 30Y 101-26 (3.031%).
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.