CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Yields Grind Lower, Yellen To Testify

US TSYS

TYH4 is currently trading at 110-05, - 00+ from New York closing levels.
An uneventful session today, with the only thing of note being BoJ Deputy Governor Uchida's comments on financial conditions and interest rates. It, however, hasn't shed too much light on when the end of NIRP will come.

  • Treasuries futures have been trading in a very small range of 111-03 lows/ 111-07+ highs, Key support lies at 110-22+, the February 5th lows, with resistance at 111-20, the 20-day EMA.
  • Cash yields opened 1bp lower and have drifted just a touch to be 1.5-2bps lower for the day, the 2Y yield -1.5bp at 4.414%, the 10Y yield trade -1.7bp at 4.104% while the 2y10y, is -1.7 at -31.80.
  • US Secretary Treasury Janet Yellen will testify on the 2023 Financial Stability Oversight Council annual report, at 9am ET Thursday.
  • Thursday Data Calendar: Weekly Claims, Fed Speak, 30Y Bond Sale.

BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.