Free Trial

What to Watch: StL Fed Bullard, Feb FOMC Minutes

US TSYS

Tsy futures off London session lows, trading modestly higher/upper half overnight session range. StL Fed Bullard new addition to Fed speak docket: CNBC interview right now, sees "tough road ahead" on inflation, sees rates reaching 5.375% amid stronger than expected economy.
Otherwise market focus on Feb FOMC minutes at 1400ET.

  • Mar/Jun roll drives heavier volumes (TYH3>625k).
  • USH3 currently 124-11 (+8), 30YY 3.9569% -.0149 vs. 3.9840% overnight high.
  • Yield curves taking another leg off last week's 40+ year inverted lows (-91.943), 2s10s currently +2.845 at -74.590.

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.