Free Trial

NY Fed Weekly Economic Index (WEI)


Friday Data Calendar: UofM Sentiment


Issuers Sidelined Until After CPI Dust Settles

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 TSY/RECAP: US Tsys operated in a narrow range on Tuesday, in what was a quiet
session, as the space's correlation to the US$ remained strong with little else
to trade off of.
- Cleveland Fed President Loretta Mester told MNI that she's getting a stronger
signal from inflation. And while she thinks the committee is well positioned to
react to higher inflation, she is also cognisant of the challenges of
communicating to the market how the Fed will react to more balanced risk
scenarios going forward as it moves out of its crisis-era "lower for longer"
format of forward guidance.
- Traders chalked up muted two-way chop to position squaring ahead of the Fed
Minutes, due Wednesday & the extended holiday weekend.
- The latest 2-Year Note auction stopped through screens as the bid to cover
ratio edged higher, despite the upsizing of the supply compared to the prior
auction (+$1bln), although the dealer takedown edged higher to top 45.0%.
- Corporate debt issuance remained muted, Jun/Sep Tsy futures roll accelerated.
- T-Notes last at 118.28+, US 10-Year yields closed at 3.060%.

To read the full story

Why Subscribe to

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.