MNI BRIEF: Commodities An Obstacle To Rate Cuts: World Bank

MNI BRIEF: Canada Firms' Price Plans Jump In April- CFIB

MNI BRIEF: Commodities Likely To Hurt Disinflation- World Bank

MNI CBRT WATCH: Turkey CenBank Holds After "Significant" Hike

MNI China Daily Summary: Thursday, April 25

MNI BRIEF: China Opposes Accusations Of Overcapacity - MofCom

JAPAN APRIL SERVICES PRICE +0.8% Y/Y; MARCH +2.0%

MNI JAPAN APRIL TOKYO CORE CPI +1.6% Y/Y; MARCH +2.4%

MNI: UK APR GFK CONSUMER CONFIDENCE INDEX -19

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

A Touch Firmer Alongside Peers, Supply & Mann Eyed

GILTS
HomepageBond Market NewsBank Of England (BOE) Market NewsBulletMarketsFixed Income Bullets

Futures edge higher early today but stick to a narrow 16-tick range, last +14 at 99.43.

  • Monday’s late move away from lows in both Bund and Tsy futures filters in.
  • Cash gilt yields are little changed to 1bp lower.
  • SONIA futures and BoE-dated OIS are roughly in line with pre-gilt open levels, covered earlier.
  • Former BoE hawkish dissenter Mann will be interviewed by BBG at 09:00 London.
  • Participants will be looking for more information re: the reasoning for her vote change (to no change in rates, in line with the MPC consensus). Monday saw Mann note that she had stated that her vote was “finely balanced” ahead of the March MPC, with no further details/thoughts provided.
  • No meaningful local data releases are scheduled today.
  • On the supply front, this morning will see the DMO come to market with GBP3.0bn of the 4.50% Jun-28 gilt.
144 words

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.

Futures edge higher early today but stick to a narrow 16-tick range, last +14 at 99.43.

  • Monday’s late move away from lows in both Bund and Tsy futures filters in.
  • Cash gilt yields are little changed to 1bp lower.
  • SONIA futures and BoE-dated OIS are roughly in line with pre-gilt open levels, covered earlier.
  • Former BoE hawkish dissenter Mann will be interviewed by BBG at 09:00 London.
  • Participants will be looking for more information re: the reasoning for her vote change (to no change in rates, in line with the MPC consensus). Monday saw Mann note that she had stated that her vote was “finely balanced” ahead of the March MPC, with no further details/thoughts provided.
  • No meaningful local data releases are scheduled today.
  • On the supply front, this morning will see the DMO come to market with GBP3.0bn of the 4.50% Jun-28 gilt.