MNI China Daily Summary: Friday, December 27

MNI BRIEF: BOJ: Rate Hike Chance Nearing; Mull Patiently

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MNI JAPAN NOV JOBLESS RATE AT 2.5%, UNCHANGED FROM OCT

US EIA:NAT GAS STORAGE -93 BCF TO 3,529 BCF DEC 27 WK

MNI: US JOBLESS CLAIMS -1K TO 219K IN DEC 21 WK

MNI: US REDBOOK: DEC STORE SALES +5.0% V YR AGO MO

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AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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US TSYS: TYH5 Sets New Session Highs Following Latest Strong Auction

US TSYS
USBulletMarketsFixed Income BulletsNorth America
  • TYH5 has pushed above earlier session highs with 111-00 (14+) after the strong 7Y auction capped off an early week of solid 2-7Y auctions.
  • Next levels to watch out for are the downside target in the 10Y yield at 4.2205%, which we earlier estimated as equating to 111-03, before possible resistance at 111-14+ (50-day EMA).
  • Cash yields are 4.9-7.1bp lower on the day across the curve, with yield declines led by 7s on the above auction.
  • 10Y yields are at 4.24% for lows since Nov 1.
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  • TYH5 has pushed above earlier session highs with 111-00 (14+) after the strong 7Y auction capped off an early week of solid 2-7Y auctions.
  • Next levels to watch out for are the downside target in the 10Y yield at 4.2205%, which we earlier estimated as equating to 111-03, before possible resistance at 111-14+ (50-day EMA).
  • Cash yields are 4.9-7.1bp lower on the day across the curve, with yield declines led by 7s on the above auction.
  • 10Y yields are at 4.24% for lows since Nov 1.