BONDS: Fresh Bid For Equities & Bonds - Market News
WEBSep 17, 2024 · 10s and 30-Year yields hit fresh ’24 lows (~3.60% & ~3.90%, respectively). Curve twist flattens, yields +1bp to -2bp. ~41bp of cuts priced into Fed funds futures for tomorrow’s decision, little changed vs. yesterday. Gilt futures trade to fresh incremental highs as well, while Bunds remain below best levels.
GILTS: Light Pressure In Recent Trade - Market News
WEB2 hours ago · GILTS. Little to drive the latest move lower in gilts, outside of spill over from moves in core global peers. Incremental fresh session lows seen in futures (96.30) before a rebound back towards 96.40. Next support comes in at the 1.00 projection of the Sep 17-30-Oct 1 price swing (96.23), with the bearish technical trend intact.
US STOCKS: Equities Roundup: Off Early Lows as IT & Energy …
WEB5 days ago · Stocks revisited week lows after this morning's ADP private employment data came out strong than expected that also weighed on Tsys as projected rate cuts into year end continued to cool.While large short covering flows helped Treasuries bounce off lows by midmorning as desks set sights on Friday's ...
MNI US MARKETS ANALYSIS - Yield Spreads Weigh on USD Pre-Fed
WEBSep 18, 2024 · 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 ...
US STOCKS: Equities Roundup: Post-Data Gains Tempered Ahead …
WEB3 days ago · Stocks held moderately higher by midday, off Friday morning's post-data highs as longs took profits ahead of the weekend. Stocks gapped higher after this morning's stronger than expected jobs report for September (+254k vs. +150k est) a dip in the unemployment rate to 4.1% from 4.2%, while wage growth exceeded estimates.
WEB1 MNI U.S. Weekly Macro Wrap MNI View: Waller Ensures Further 50bp Cuts In Play September 20, 2024 - By Chris Harrison and Tim Cooper Executive Summary
WEB5 days ago · Strikes Could Impact November FOMC October 2, 2024 – By Tim CooperDockworkers at dozens of East and Gulf Coast ports initiated a strike on Monday night that. isks a new round of shocks to the US supply chain and broader economy. It's the first such strike since 1977, which makes historical comparisons of the economic impact.
BONDS: Away From Early Highs - Market News
WEBSep 13, 2024 · Gilt yields 0.5-2.0bp lower, bull flattening. Bonds continue to tick away from session highs, with Bund futures having closed their opening gap higher. Gilt futures still trade above late Thursday levels.Higher oil markets and a bid in e-minis helped counter the early London rally.Front end outperformance still evident in Tsys, curve bull steep...
BONDS: Weakness Extends As NY Reacts - Market News
WEBSep 18, 2024 · BONDS. Core global FI markets have seen an extension of their London morning sell off as NY participants adjust to moves seen in Europe. U.S. & German curves bear steepen. Bund futures through initial support, next bearish target at the 20-day EMA (134.28). Gilts bear flatten following the in-line CPI data.
OUTLOOK: Price Signal Summary - Bear Cycle In Gilts Still In Play
WEB3 hours ago · In the FI space, Bund futures are trading just above Monday’s low. The latest bearish reversal has resulted in a move through both the 20- and 50-day EMAs and undermines a recent bullish outlook. Price traded lower again, Monday and a continuation would further strengthen a developing bearish threat.