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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 weaker, just off.......>
US TSYS SUMMARY: Tsys trading weaker, just off late overnight lows, decent
futures volume (TYU>455k), yld curves little steeper. Rates taking cue from
softer EGBs and tighter sovereign spds, ignoring US$ weakness at the moment. USD
index off (DXY -.243, 93.371; US$ vs. Yen -0.11, 110.07 after tapping 200DMA of
110.21 late Wed); stocks firmer (emini +2.25, 2778.25); gold higher (XAU +1.71
1298.11); West Texas crude higher (WTI +0.66 to 65.39).
- Asia, quiet session w/Tsys opening steady to late NY lvls, trading
sideways/narrow range on two-way flow through London crossover again.
- London, light risk-on tone on tighter peripherals, supply from France and
Spain weighing on EGBs, Tsys in tow. Flow included deal-tied hedging, fast- and
real$ buying intermediates and 10s
- Swaps, spds rebound from early week narrowing on light flow w/receiving in 1s,
paying in 2s at 2.89125%, two-way in 3s around 2.885% and paying in 5s.
Eurodollar futures, moderate selling down to 97.655 post 3M LIBOR set (+0.0063
to 2.3271%, +0.0093/wk). Tsy cash/ylds: 2Y 99-30.5 (2.520%), 5Y 99-21.25
(2.821%), 10Y 99-01.5 (2.985%), 30Y 99-23 (3.138%).
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.