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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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US Treasuries are ticking lower
- TYM4 sees a 3k sold to push the contract to its session low, albeit still in a very tight 5 big ticks range.
- FVM4 sees a 2.7k sold on the follow.
- Support in Tnotes (TYM4) is at 108.23, Monday's low.
- For Bund, the German contract is still mostly trading inline with the US, with the Tnotes/Bund spread just 0.4bp tighter on the day, closer to flat.
- Initial support in Bund is at 131.22.
- Given that the US Wholesale inventories will be final reading, the focus will be on the US 10yr supply later today, as the US sells $42bn of 10yr notes.
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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.