Free Trial
JGB TECHS

(U2) Off Lows, But Still Fragile

AUSSIE BONDS

A Little Firmer

NZD

Recent Cyclical Lows Are In Sight

US TSYS

Breakevens Support The Bid On Wednesday

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

What to Watch: Housing Data, Fed Speak, Stock Earnings

MARKET INSIGHT

Rates trading weaker (30YY taps 2.9589 high, 2.9338% last), curves mildly steeper (2s10s +.856 at 37.797, 5s30s +.947 at 4.802). Very light volumes w/ much of Europe out for Easter Monday, TYM2 just over 160k at the moment.

  • Limited data up at 0830ET:
    • NAHB Housing Market Index (79, 77) at 1000ET
    • US Tsy $57B 13W, $48B 26W bill auctions at 1130ET
  • Scheduled Fed speakers this afternoon:
    • StL Fed Bullard on economy, policy outlook, Council on Foreign Affairs, no text, no media Q&A at 1600
  • Geopol risk: Keeping eye on Russia war in Ukraine for developments. Kyiv reported several missile strikes in the Western city of Lviv - just 70km east of the Polish border, over the weekend.
  • Stocks weaker, off early overnight lows (SPX emini -16.0 at 4371.50) as earnings cycle resumes. Most already announced: Synchrony Financial (SYF), Bank of NY Mellon (BK), Bank of America (BAC) all beating estimates. Coming up: Charles Schwab (SCHW) ahead the open; JB Hunt Transport (JBHT) after the close.
158 words

To read the full story

Why Subscribe to

MarketNews.com

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.

Rates trading weaker (30YY taps 2.9589 high, 2.9338% last), curves mildly steeper (2s10s +.856 at 37.797, 5s30s +.947 at 4.802). Very light volumes w/ much of Europe out for Easter Monday, TYM2 just over 160k at the moment.

  • Limited data up at 0830ET:
    • NAHB Housing Market Index (79, 77) at 1000ET
    • US Tsy $57B 13W, $48B 26W bill auctions at 1130ET
  • Scheduled Fed speakers this afternoon:
    • StL Fed Bullard on economy, policy outlook, Council on Foreign Affairs, no text, no media Q&A at 1600
  • Geopol risk: Keeping eye on Russia war in Ukraine for developments. Kyiv reported several missile strikes in the Western city of Lviv - just 70km east of the Polish border, over the weekend.
  • Stocks weaker, off early overnight lows (SPX emini -16.0 at 4371.50) as earnings cycle resumes. Most already announced: Synchrony Financial (SYF), Bank of NY Mellon (BK), Bank of America (BAC) all beating estimates. Coming up: Charles Schwab (SCHW) ahead the open; JB Hunt Transport (JBHT) after the close.