Free Trial

US T-Note futures have clawed back some.....>

US TSYS
US TSYS: US T-Note futures have clawed back some losses during the Asia-Pacific
session, consolidating following Tuesday's large selloff amid light news flow. 
- The yield curve has also flattened slightly with the 2s10s dropping back down
to 48.7bps and the 5s30s edging down to 27.8bps. 
- Eurodollar futures have remained flat following yesterday's drop 3 ticks to
give a 8.8% probability that the Fed surprises with 3 more hikes this year. 
- US industrial production and housing starts will be released later but markets
are likely to react more to German CPI data which could strengthen the case for
a near-term end to QE by the ECB. 
- T-Notes last at 118-24, US Tsy ylds: 2Y 2.568%, 3Y 2.740%, 5Y 2.908%, 7Y
3.025%, 10Y 3.061%, 30Y 3.189%.

To read the full story

Close

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.