US TSYS: Tsys Yields Lower, Trump Interview, BoJ shortly

Jan-24 02:05
  • Short-end tsys outperforming this morning, with the curve bull-steepening a touch. The 2yr is -1.9bps at 4.27%, while the 10yr is -1bps at 4.634%
  • TU is trading above its overnight highs last +00⅝ at 102-23⅞, while TY is +01 at 108-13. The medium-term trend futures is unchanged and remains bearish. TY has traded through the 20-day EMA, at 108-17+. This exposes 109-06, the Dec 31 high, and 109-15, the 50-day EMA. A clear break of the 50-day average is required to strengthen a bullish theme. The bear trigger is unchanged at 107-06, the Jan 13 low.
  • The 2nd part of the Trump interview on Fox news is starting now, expected to be a bit more focused on foreign policy, while the BoJ is in its announcement window

Historical bullets

MNI: CHINA PBOC CONDUCTS CNY192.3 BLN VIA 7-DAY REVERSE REPOS WEDS

Dec-25 01:22
  • CHINA PBOC CONDUCTS CNY192.3 BLN VIA 7-DAY REVERSE REPOS WEDS

MNI: CHINA SETS YUAN CENTRAL PARITY AT 7.1868 WEDS VS 7.1876

Dec-25 01:21
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1868 WEDS VS 7.1876

MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%

Dec-24 23:51
  • MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%
  • JAPAN NOV SERVICES PPI +0.4% M/M: OCT UNREV +0.8%