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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Global Macro
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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.
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 AccessMNI Commodity Weekly: Oil Markets Assess Trump Impact
MNI Gas Weekly: Winter Weather Takes the Driver's Seat
US Treasuries prices open higher,...>
US TSYS SUMMARY: US Treasuries prices open higher, flatter after overnight gains
on safe-haven buying spurred by ongoing U.S./N.Korea tensions. Cash 10Y is at
2.199% vs. 2.189% session low yield of 7am ET. All next await the 8:30am ET July
CPI.
- TOKYO hours saw Japanese markets closed for a holiday; will be Obon holidays
in Japan next week. Tsys had carry-over risk-off bid for rates added to Thu's
curve flattening rally, bank and real$ accts bought 10s and 30s. FX-acct buying
as USD weakened. Japanese lifers also bought US Tsys, as did Japanese banks and
credit funds.
- LONDON: Tsys lagged German Bunds but held gains; mild prop and fast$ selling
arose in 10Y notes. BMO analysts said cash 10Ys most active with 39% market
share. - US SWAPS: Spreads ran steady/mixed, with spread curve a bit flatter.
- US EURODLR FUTURES: Mildly higher for the most part.
- O/N REPO: Tsy 2Y note remains tight; others quiet.
- US HIGH-GRADE CORPORATE BOND ISSUANCE: Quiet; but in junk bonds, Tesla Inc.
brings a $1.5B 8Y/NC3Y note to price today.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.