MNI BOE WATCH: Narrow Path To Aug Cut, Wary Messaging Likely

MNI China Daily Summary: Tuesday, July 30

MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI CNB WATCH: Fine-Tuning Set To Start, But 50Bps 'In Play'

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

EZ/UK Bond Supply Calendar: 2.40% Nov-30 Bund Due Wednesday

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

EZ/UK Bond Supply Calendar: 2.40% Nov-30 Bund Due Wednesday

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Brexit Rumors Swirling

GILT SUMMARY

Gilts have traded weaker with yields broadly 1bp higher on the day and the curve close to flat.

  • Last yields: 2-year -0.023%, 5-year -0.028%, 10-year 0.298%, 30-year 0.875%.
  • The Dec-20 gilt future trades at 135.18, towards the bottom end of the day's range (L: 135.06 / H: 135.60)
  • The short sterling futures strip is 0.5-1.0 ticks lower in whites through blues.
  • Bloomberg today cited an anonymous source in saying that the UK was planning to quit Brexit negotiations by October 15 if there is no prospect for an acceptable deal.
  • The DMO earlier sold GBP2.5bn of the 0.375% Oct-30 Gilt and GBP0.75bn of the 0.125% Aug-41 linker. A further GBP134.149mn of the 0.125% Aug-41 Gilt was taken up through the PAOF.
  • The BoE purchased GBP1.473bn of medium-dated gilts with offer-to-cover of 1.57x.
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.