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Why MNI
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 intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GILTS
- The BOE press conference has concluded and 2-year yields are over 20bp lower than ahead of the policy announcement (and almost 25bp lower on the day). The 2s10s curve has steepened by over 8bp since the announcement while even the 10s30s curve has steepened by 3.6bp.
- The 2s10s move is due to some members not signing up to the language than more hikes may be appropriate.
- Looking at the gilt curve over time, the curve is still considerably higher than after the March MPC meeting (see chart below).
Why MNI
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 intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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