MEXICO: Peso Dips Shallow as Banxico’s Heath Cautious On Rate Cut Prospects
Feb-11 18:26
* The Mexican peso has unwound its earlier losses against the US dollar and is now unchanged on th...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
STIR FUTURES: BLOCK: Sep'27 SOFR Futures Buy
Jan-12 18:19
- Total 16,000 SFRU7 96.755 (+0.015), initial post time offer at 1311:50ET - and remains offered.
- Post-10Y auction re-open sell pressure is abating, futures drifting off lows.
US: Trump Social Media Post on Supreme Court Tariff Ruling
Jan-12 18:18
- @realDonaldTrump:
- "The actual numbers that we would have to pay back if, for any reason, the Supreme Court were to rule against the United States of America on Tariffs, would be many Hundreds of Billions of Dollars, and that doesn’t include the amount of “payback” that Countries and Companies would require for the Investments they are making on building Plants, Factories, and Equipment, for the purpose of being able to avoid the payment of Tariffs. When these Investments are added, we are talking about Trillions of Dollars! It would be a complete mess, and almost impossible for our Country to pay. Anybody who says that it can be quickly and easily done would be making a false, inaccurate, or totally misunderstood answer to this very large and complex question. It may not be possible but, if it were, it would be Dollars that would be so large that it would take many years to figure out what number we are talking about and even, who, when, and where, to pay. Remember, when America shines brightly, the World shines brightly. In other words, if the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE SCREWED!"
US TSYS/SUPPLY: Review 10Y Auction Re-Open: Stops Through
Jan-12 18:07
- Treasury futures are still mildly mixed - but are trying to move higher (TYH6 steady to +.5 at 112-07.5, yld 4.1713%) after the $39B 10Y note auction re-open (91282CPJ4) stops through: drawing 4.173% high yield vs. 4.179% WI; 2.55x bid-to-cover steady vs. prior.
- Peripheral stats: indirect take-up to 69.65% vs. 70.24% prior; direct bidder take-up 24.51% from 20.96% prior; primary dealer take-up retreats to 5.85% vs. 8.81% prior.
- The next 10Y auction is tentatively scheduled for February 12.
