Free Trial

2Y Yield Set For Biggest Jump In Months As BoE Hike Pricing Rises

GILTS

2Y UK yields are testing the Mar 15 session high of 3.541%. The 26bp rise today means it's set for the biggest daily yield jump since September 2022's mini-budget fiasco.

  • This follows this morning's CPI beat, with BoE cumulative hike pricing to terminal up to the most since March 10 (+68bp through Sept, including 23bp Thursday).
  • And follows Schatz's lead yesterday - when the German 2Y yield rose 26bp for the biggest single-day increase since 2008.

To read the full story

Close

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.