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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.
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Free AccessUS Treasuries open Mon NY higher....>
US TSYS SUMMARY: US Treasuries open Mon NY higher but well off 2am ET session
high prices, after Asian gains and some mild flattening. Gold traded mildly
weaker while crude oil off 0.53% on the day. US stocks index futures traded
narrowly mixed, while European indexes higher.
- TOKYO: Tsys saw early bid, chopping higher and holding narrow range near highs
ahead London open. Pension and Japanese insurance portfolio buying in long end,
credit-tied short covering.
- LONDON: Euro currency volatility as talks on forming German coalition
government collapse. Tsys followed Bund lead higher, then ebbed amid thin
pre-holiday volume. Macro sales in 5Y notes, fast money sold 10Y. Bunds spike at
8:09am ET into German President announcement going on now.
- US SWAPS: Steady/mildly wider, 2way short end flows, receiving 5Y, 30Y.
- EURODLR FUTURES: Steady/mildly higher, brisk selling in EDZ8.
- OVERNIGHT REPO: Tsy 5Y, 10Y notes tighten more.
- US HIGH-GRADE CORPORATES: Mon has Reliance Industries 10Y and Macquarie Group
6Y/NC5Y, 6Y/NC5 FRN and 11Y/NC10Y.
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.