Free Trial
GERMAN DATA

Q1 GDP Sees Modest Uptick

EURIBOR OPTIONS

Rolling fly

POLAND

Inflation Accelerates To 12.3% In April

SONIA

SONIA call spread

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
US TSYS SUMMARY
US TSYS SUMMARY: US Treasuries are trading modestly lower with the exception of
the 2-yr which is little changed from US close, underpinned by Wednesday's FOMC
minutes. US 10-yr Tsy note yield is last 1.3bp higher at 3.006%.
- Overnight in Asian-Pacific session, US Tsy took another leg higher after WSJ
reported that the Trump admin is considering a plan to impose new tariffs on
imported vehicles. A North Korean diplomat suggesting that he would recommend
his country's leadership reconsider attending the upcoming US-NK summit also
aided bid in US Treasuries.
- Sentiment turned pretty rapidly though as the European session got underway as
markets took positives from the announcement of a new PM in Italy and news that
the finance minister may be the more moderate Luigi Zingales of U Chicago,
rather than eurosceptic Paolo Savona.
- Green and blue Eurodollars have reversed earlier move higher to now trade 0.5
to 1 tick lower, while white contracts are holding onto slight gains.
- US breakevens are little changed but swap spreads are touch tighter. Attention
now turns to US existing home sales and 7-yr Tsy note auction.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.