MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: SNB CUTS KEY POLICY RATE BY 50 BPS TO 0.5%

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Treasuries are led lower by Europe

CROSS ASSET

US Treasuries are now getting slowly dragged lower by the the German Bund, with the latter eyeing next immediate support at 132.75.
TUH4 is sold in 2.5k, TY 6k, US 1.2k and FV 2.7k.
Looking further out for the German 10yr Yield, today reference 132.79:

  • 2.50% =131.79.

The contract and Yield printed a 131.78 low and 2.507% high on the 22nd February.

USDJPY extends gains led by the push lower in Treasuries, Yields are slowly pushing higher.

Initial push lower in Bonds has been on the back of the retracement in Bund, although US Desksmight also be turning their attention to the heavy supply later, with more heavy selling at the lows in the US, latest clips sees, 7k TYH4, 2.5k TUH4, 1.2k USH4, and Bund in another 5k through the small 132.75 support.

  • Resistance in USDJPY is at 150.89 High Feb 13
HomepageBond Market NewsCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.