Japanese Yen (Jpy)
USDi: BEs’ newfound attitude supports 10y TIPS auction
BEs adopted a newfound attitude after the Fed ruined the day yesterday, lending solid support to today’s $14bn 10y TIPS reopening.
Asia-Pacific MTNs: Callables; Zeros; Kangas
Listing of structured bonds and vanilla bonds issued in the Asia Pacific markets over the past week.
USDi: Fed’s more decisive taper talk scares BEs lower; 10...
The Fed/Powell’s more decisive taper talk at today’s FOMC decision scared BEs lower amid better RY selling. 10y TIPS auction now eyed.
JPY Swaps: Spreads ease ahead of BOJ
Longer JPY swap spreads have eased slightly as the market awaits today's BOJ announcement.
USDi: Cooler heads prevails but BEs still a little sticky
Risk sentiment stabilized after yesterday’s scare but BEs were sticky today, reluctant to join the modest risk-on move despite the Fed’s help.
JPY Swaps: Volatility not expected to rise near term
JPY swap flow has been light after the long weekend break. Market volatility is not expected to rise near-term.
JPY Swaps: Light 10y bid; 2s/10s still too steep
JPY swaps have been better bid following good US data. The steepness in 2s/10s has limited strong paying in 10-year.
USDi: BE curve steepens amid many cross-currents; 10y TIP...
The BEs curve steepened with tenors beyond the very front-end getting a modest bump higher amid many cross-currents.
JPY Swaps: JGB future weaker despite data; Curve seen fla...
JGB future is weaker despite disappointing domestic data. The slope at the long-end is too steep and some players expect some flattener interests.
JPY Swaps: Curve flatter as US Fed tightening outlook rev...
The JPY swap curve has followed the USD rates curve flatter, as the market reduces its bet on a near-term tightening by the US Fed.