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Policy
Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
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Emerging Markets
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Data
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Global Macro
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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
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 stronger, paring gains....>
US TSY FLOWS: Tsys trading stronger, paring gains to near middle of overnight
range at the moment. Focus on yld spd inversion in short end (see 0705ET POV
bullet), carry-over from Mon's sharp move spurring renewed speculation over
future odds of recession, Fed policy, etc.
- Note, Fed chair Powell eco-outlook testimony to JEC that was scheduled for Wed
has been cancelled due to day of mourning closure; no mention of text --
unlikely to be issued w/no testimony ahead of Fri's media blackout through Dec
20.
- Early risk-off support as equities trimmed week opener gains, decent two-way
flow on heavier futures volume by the bell (TYH>590k). Tsys pared bid, US$ waned
vs. Pound Sterling after EU court aide suggested earlier Britain could withdraw
from Article 50 unilaterally.
- Eurodollar futures mildly bid, front end rebound after 3M LIBOR scaled back
Mon's move -0.0125 to 2.7388% (+0.0027/wk). Swap spds mixed, spd curve steeper,
deccent rate paying in long end by real$. Tsy cash/ylds: 2Y 99-27 (2.833%), 5Y
100-06.5 (2.829%), 10Y 101-11 (2.966%), 30Y 102-22 (3.233%).
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.