Free Trial

After selling off early following......>

BOND SUMMARY
BOND SUMMARY: After selling off early following mixed global trade headlines,
European bonds have caught a renewed bid, looks led by Gilts, amid a quick turn
lower in equities from the better buying noted on the open.
- No real catalyst, likely order driven with more positioning ahead of the last
chance saloon on trade. Recall: The U.S.-China talks will now only be one day:
the delegation, led by Vice Premier Liu, will depart for China on Thursday.
** Latest levels:
* Dec Bund futures (RX) down 17 ticks at 173.88 (L: 173.62 / H: 174.14)
* Germany: The 2-Yr yield is up 0.5bps at -0.751%, 5-Yr is up 0.6bps at -0.754%,
10-Yr is up 0.2bps at -0.546%, and 30-Yr is down 0.5bps at -0.029%.
* Dec Gilt futures (G) down 2 ticks at 134.6 (L: 134.36 / H: 134.67)
* UK: The 2-Yr yield is down 0.4bps at 0.364%, 5-Yr is unchanged at 0.26%, 10-Yr
is unchanged at 0.46%, and 30-Yr is down 0.5bps at 0.962%.
* Dec BTP futures (IK) down 40 ticks at 144.79 (L: 144.66 / H: 145.18)
* Italy / German 10-Yr spread 3bps wider at 144.7bps
* Dec OAT futures (OA) down 16 ticks at 169.95 (L: 169.67 / H: 170.05)

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.