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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 steady in 2s-10s,......>
US TSYS SUMMARY: Tsys trading steady in 2s-10s, long end mildly higher/near top
end narrow range, modest volume (TYU<225k) ahead Fed chair semi-annual MonPol
testimony Tue (1000ET; testimony to Hse Fncl Srvs Comm same time Wed). Otherwise
limited data today: Redbook, IP/CapU. Note, media blackout starts Sat ahead Aug
1 FOMC, StL Fed Pres Bullard speaks on MonPol Friday 0820ET.
- US$ index little higher: DXY +0.023 to 94.534; US$/Yen higher +.23 to 112.52
(112.57H/112.23L); equities weaker (emini -3.0, 2793.5); gold steady (XAU +0.01,
1241.01); West Texas crude near steady after Mon's sell-off (WTI -0.01, 68.05).
- Asia, volume improves w/Japan back from extended holiday, quiet open, two-way
trade w/slightly better selling in 5s-10s from props, fast$ into London
crossover.
- London, rates drew bank buying in 5s and 10s after the open, real$ sold long
end, deal-tied buying adding to support.
- Eurodollar futures, steady/mildly higher, short end sales post +0.0093 to
2.3419% (+0.0061/wk). Tsy cash/ylds: 2Y 99-26 (2.595%), 5Y 99-13 (2.752%), 10Y
100-05 (2.855%), 30Y 103-08 (2.959%)
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.