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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 NY weaker........>
US TSYS SUMMARY: US Treasuries open NY weaker after mild risk-on mood, overnight
2way flow, firmer US stock index futures and stronger European stocks indexes.
- TOKYO: Tsys receded as US stocks Mon in NY eked out small gain. Foreign
central bank selling arose in 5Y, 10Y notes; could potentially be setup for next
wk's 2/5/7Y Tsy auctions. US, S.Korea are in remaining 9 days of military
drills; spurred saber-rattling from N.Korea of "merciless revenge." US Pres.
Trump to add troops in Afghanistan, urged Pakistan to root out terror element.
- LONDON: Tsys mainly ignored rebound in German Bunds and UK Gilts. Credit-tied
sales, maybe a hedge into new issuance; also curve steepeners. Bank portfolios
sold 5Y,10Y notes, with light FX-tied sales as US$ firmed vs. Jpn yen. Sep/Dec
futures volume picks up.
- US SWAPS: Bank rate paying in 5s done overnight.
- EURODLR FUTRS: Mildly lower; recent buy of 8,000 Red Mar'19/Green Mar'20,
0.185. Apparent sale of 3Y Bundle at 7:50am ET, a block trade.
- O/N REPO: Tsy 2Y, 5Y notes tight.
- HIGH-GRADE US$ CORP ISSUANCE: SEK, Wld Bnk Tues; Wed DBJ 5Y, 10Y.
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.