PBOC drains net CNY 280 bn via OMOs this week

PBOC drains a net CNY 280 bn via Open Market Operations (OMOs) this week versus a net drainage of CNY 330 bn seen last week.

Meanwhile, the Central bank drained CNY 50 bn reverse repos today.

Sep 1, 2017

Japan’s FinMIn Aso cancels his trip to visit US VP Pence

Japan’s Finance Minister Taro Aso is out on the wires now, via Reuters, announcing that he has cancelled his trip to visit the US Vice-President Pence

Treasury spread dips below 80bps ahead of NFP release

The treasury yield curve or the spread between the 10-year Treasury yield and the 2-year Treasury yield fell below 85 basis points ahead of the US Aug