MNI: Canada Retails Jump In April After Weak First Quarter

CANADA'S FLASH APRIL RETAIL SALES +0.7% MOM

MNI China Daily Summary: Friday, May 24

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Higher At 7.1102 Fri; -2.68% Y/Y

MNI:US APR DURABLE NEW ORDERS +0.7%; EX-TRANSPORTATION +0.4%

MNI: CANADIAN MAR RETAIL SALES -0.2%; SALES EX-AUTOS/PARTS -0.6%

Retail Sales disappoint for second month in a row:

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

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

BTP spreads continue to widen

EGB SUMMARY

Italian politics remains the biggest talking point of EGB markets today. BTPs sold off this morning and have stabilised somewhat since. However, this afternoon Bunds have started to rally with an intensifying flight to quality. Overall, spreads have continued to rise through most of the day with 10-year spreads now over 8bp wider on the day and topping 120bp.

  • - Bund futures are up 0.45 today at 177.81 with 10y Bund yields down -3.0bp at -0.553% and Schatz yields down -2.1bp at -0.731%.
  • BTP futures are down -0.81 today at 150.84 with 10y yields up 5.0bp at 0.648% and 2y yields up 8.2bp at -0.279%.
  • OAT futures are up 0.27 today at 167.80 with 10y yields down -2.7bp at -0.334% and 2y yields down -1.0bp at -0.640%.
BulletMarketsFixed Income Bullets
BulletMarketsFixed 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.