Free Trial

What to Watch: Tsy Auctions, Equity Earnings

US TSYS

Tsys stronger, off recent highs, 30YY currently 3.5880% (-.0164), yield curves bouncing: 2s10s +4.478 at -71.701, volumes improving (TYH3 >345k) though

much of Asia still out for Lunar New Year holidays: China, Taiwan Mon-Fri; Vietnam Mon-Thu; Hong Kong Mon-Wed; Singapore and South Korea back in.

  • Data: no substantive releases while the Fed remains in policy blackout through Feb 2. Tomorrow, however, sees surge of data w/ Q4 GDP, PCE, Weekly Claims, Retail/Wholesale Inv, Durables/Cap Goods, and New Home Sales.
  • Treasury auctions: $24B 2Y FRN note (91282CGF2) and $36B 17W bill sales at 1130ET; $43B 5Y Note Sale (91282CGH8) at 1300ET
  • Equity earnings continue:
    • Wed: ABT ($0.59 EPS), BA (-$1.06 EPS), HES ($2.03 EPS), USB ($0.57 EPS), T ($0.61 EPS), GD ($3.58 EPS), FCX ($0.48 EPS), ADP ($1.95 EPS), KMB ($1.50 EPS); after the close: IBM, AMP, CCI, TSLA, CSX, RJF, STX, TER
    • Thu: DOW, LUV, BX, VLO, ADM, WY, INTC, OLN, V
    • Fri: AXP, CVX, and CL
  • Geopolitical: Eying simmering tensions after US, Germany agreed to send advanced tanks to Ukraine Tue. Latest, wires carrying comments from interim Finnish Defence Minister Mikko Savola stating that the Finnish gov't may send tanks to Ukraine.

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.