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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessUS Treasuries prices open NY........>
US TSYS SUMMARY: US Treasuries prices open NY mildly weaker, steeper amid softer
EGBs, off late overnight lows, with 1pm ET US$24B 3Y auction. US stock index
futures narrowly mixed, S&P Eminis and Nasdaq down but DJIA mini up.
- TOKYO: Tsys had near steady open then got sold on strong Asian stocks (Nikkei
+1.7%, Hong Kong Hang Seng +1.3%). Tsys also had pre-3-yr auction short-sets,
selling in 10s, FX-tied sales as US$ bounced vs. Yen (114.124).
- LONDON: Tsys held narrow/lower range during early hours, pressed as German
yield curve steepened on Austria and German linker supply. US 10-yr bottomed out
4:28am ET, 2.340% day's high yld. Dip buyers after weak -1.6% German indl prodn,
Tsys lag. Bank portfolio sales in US 5s, 2way in 10s, fast$ sold across curve.
- Swaps spds steady/mixed, wings mildly wider. Sources cited rate receiving in
short end earlier, followed by payers in 3s (1.9387) and receivers in 4s, 5s.
Eurodlr futures lower.
- US CORPORATES: High-grade debt issuance busy: 5-part Oracle debt, Rentenbank
10Y, Canada 5Y, and NWB 4Y Green bond, others.
- OVERNIGHT REPO: US 3Y, 10Y note tight amid 3/10 shorts; old 3Y, 10Y tight.
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.