CANADA OCT CPI 2.0% YOY IN LINE W/ FORECASTS, PRIOR 1.6%

MNI BRIEF: China To Enhance Policy Support In 2025: NDRC

MNI BRIEF: NDRC Considering Trade-in Scheme Next Steps

MNI: PBOC Net Injects CNY162.8 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1911 Tues; +0.10% Y/Y

CHINA PBOC CONDUCTS CNY288.3 BLN VIA 7-DAY REVERSE REPOS TUES

MNI: US REDBOOK: NOV STORE SALES +4.9% V YR AGO MO

MNI: US OCT HOUSING STARTS 1.311M; PERMITS 1.416M

MNI: CANADA OCT CPI INFLATION +0.4% M/M, +2.0% YY

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US TSYS: Tracking Lower EGBs, Sovereign Supply WEighing

US TSYS
USGlobalBulletMarketsFixed Income BulletsRegionNorth America
  • Treasuries are extending late overnight lows, taking cues from weaker EGBs in the lead up to the NY open. Sovereign debt issuance and a uptick in crude prices (WTI +1.25 at 70.47) cited for moderate pressure over the last couple hours. US corporate supply rather muted at the moment, issuers sidelined as the current equity earnings cycle continues.
  • The Dec'24 10Y contract is currently -11 at one week lows of 111-28, 10Y yield +.0355 at 4.1184%. Curves mildly flatter: 2s10s -.345 at 12.899, 5s30s -1.362 at 49.887%.
  • Limited economic data kicks off the new week: Leading Index at 1000ET, focus on home sales flash PMIs, weekly claims, durables and UofM sentiment later this week.
  • Moderated Fed speak this morning from Fed Gov Logan at SIFMA's annual meeting (0855ET). Additional scheduled speakers later in the day: MN Fed Kashkari townhall (Q&A, livestreamed at 1300ET), KC Fed Schmid on economic & monetary policy (Q&A, text at 1705ET), SF Fed Daly at WSJ moderated discussion at 1840ET.
  • Treasury supply kicks off with $81B 13W and $72B 26E bills at 1130ET.
173 words

To read the full story

Close

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.
  • Treasuries are extending late overnight lows, taking cues from weaker EGBs in the lead up to the NY open. Sovereign debt issuance and a uptick in crude prices (WTI +1.25 at 70.47) cited for moderate pressure over the last couple hours. US corporate supply rather muted at the moment, issuers sidelined as the current equity earnings cycle continues.
  • The Dec'24 10Y contract is currently -11 at one week lows of 111-28, 10Y yield +.0355 at 4.1184%. Curves mildly flatter: 2s10s -.345 at 12.899, 5s30s -1.362 at 49.887%.
  • Limited economic data kicks off the new week: Leading Index at 1000ET, focus on home sales flash PMIs, weekly claims, durables and UofM sentiment later this week.
  • Moderated Fed speak this morning from Fed Gov Logan at SIFMA's annual meeting (0855ET). Additional scheduled speakers later in the day: MN Fed Kashkari townhall (Q&A, livestreamed at 1300ET), KC Fed Schmid on economic & monetary policy (Q&A, text at 1705ET), SF Fed Daly at WSJ moderated discussion at 1840ET.
  • Treasury supply kicks off with $81B 13W and $72B 26E bills at 1130ET.