Free Trial

2yr part of the curves are under pressure in Futures

BONDS

The 2yr part of the future curve is under relentless pressure, in turn pushing Euribors through new low.
German 2yr Yield continues to trade at its highest level since October 2008.

Reference 105.245:

  • 2.95% = 105.21.
  • 3.00% = 105.13.

Italian 2yr, has breached the 2022 high and now trades at its highest level since August 2012.

In futures, short BTP (BTSH3) eye next support at 105.20 (3rd January low).

Similar for the US 2yr Yield, with the 2022 high at 4.7990%, now trading at 4.713%.

The 2022 high was also the highest print since July 2007.

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.