MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

MNI: BANXICO HOLDS INTERBANK RATE STEADY AT 11.00%

MNI BRIEF: Fed's Bowman Says Policy Appears To Be Restrictive

1 and 3-Year Consumer Inflation Expectations Edge Down Slightly

MNI: ECB 1-YEAR CONSUMER INFLATION EXPECTATIONS 2.8%

CORRECTION: France Flash HICP In-Line

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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What to Watch: New Cycle High for Ylds, Eye on BOE, Fed-Speak

LOOK AHEAD

Tsy yields marked new cycle highs during early London trade before paring move, 2YY hit 4.3450% high currently 4.3017% +.1006, compares to last Fri's new 15Y high of 4.2657%.

  • Market focused Bank of England after last Thu's 50bp rate hike and Gilt sales: Carry-over selling in US FI this morning partially tied to London mkt pricing in chance of BOE emergency rate hike (before next BoE in Nov) in aftermath of UK gov's "Growth Plan" (ie fiscal event) and further comments from the Chancellor over the weekend that more tax cuts are to come.
  • Tsys extend lows quickly rebound after Sky News headline: "Pound slumps - live news: Bank of England statement expected today.." link.
  • US Data on tap:
    • Chicago Fed Nat Activity Index (0.27, 0.23) at 0830ET followed by
    • Dallas Fed Manf. Activity (-12.9, -10.0) at 1000ET)
  • Fed speak:
    • Boston Fed Collins, to speak at Boston CoC at 1000ET
    • Atlanta Fed Bostic virtual event on income, wealth inequality at 1200ET
    • Dallas Fed Logan moderated Q&A bank conf, no text at 1230ET
    • Cleveland Fed Mester eco-outlook, text and Q&A at 1600ET
  • US Tsy auctions:
    • US Tsy $54B 13W, $42B 26W bill auctions at 1130ET
    • US Tsy $43B 2Y Note auction (91282CFN6) at 1300ET
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