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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
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Data
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MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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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 AccessVeterans Day Will Sap Liquidity, Cash Closed
T-Notes operate just off Tuesday's worst levels, last +0-02 at 137-16.
- The curve saw some light bear steepening on Tuesday, with 10s underperforming as issuance dynamics and continued optimism surrounding the COVID-19 vaccine developments were at the fore.
- Pricing of the latest round of 10-Year Tsy note issuance was firm enough, as the auction stopped through WI by 0.2bp, although the cover ratio was sub-par and the dealer takedown jumped.
- Tuesday's slew of Fedspeak generally added little new to the broader dynamic/discussion. On that front, Boston Federal Reserve President Eric Rosengren told MNI on Tuesday that he would prefer to see the Fed lengthen the average duration of its Treasuries purchases rather than increase buying, adding that more QE overall may be "advantageous" if longer rates rise amid a challenging next six months.
- A reminder that the cash Tsy space is closed on Wednesday, owing to the observance of the Veterans Day holiday in the U.S.
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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.