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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 weaker, decent.........>
US TSYS SUMMARY: Tsys trading weaker, decent futures volume in TYM >470k w/10YY
over 3.024% (3.0296% high late overnight), yld curves giving back small portion
Tue's steepening. US$ index higher/off earlier highs but rebounding (DXY +.345,
91.111; US$ vs. Yen 109.20 vs. 109.27H); equities adding to Tue's sell-off
(emini -12.0, 2623.25); gold weaker (XAU -8.91, 1321.48); West Texas crude
little softer (WTI -0.14, 67.56).
- Asia, Tsys opened mildly weaker, drifted in narrow range on modest volume into
London crossover, brief early FX acct selling after 10YY climbed to 3.07% then
settled back.
- London, more concerted selling as 10YY climbed to near 3.03%, better bank
selling in 10s, deal-tied flow in the mixed along with pre-auction selling ahead
$17B 2Y FRN and $35B 5Y note auctions
- Swaps, spds running steady to mildly wider, moderate 2-way flow, supply
hedging, bank portfolio receiving in short end, real$ receiving in 30s.
- Eurodollar futures weaker across the strip, short end sales post 3M LIBOR set
(+0.0040 to 2.3656%, +0.0064/wk).
To read the full story
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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.