MNI: RIKSBANK LEAVES KEY RATE UNCHANGED AT 3.75%

MNI BRIEF: China To Hold Key Third Plenum On July 15-18

MNI Brief: China Third Plenum To Deepen Reforms

MNI: PBOC Net Injects CNY80 Bln Via OMO Thurs; Rates Unchanged

CHINA PBOC CONDUCTS CNY100 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Higher At 7.1270 Thurs; -0.78% Y/Y

Modest SEK Weakening Post Riksbank; High Chance Of August Cut

Rate Path Revised Lower As Three More Cuts In '24 Possible

Sentiment Improves In June, But Riksbank In Focus

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

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

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

Bull Flattening

GILT SUMMARY

Following a weak start to the session, gilts rallied during the afternoon with the curve bull flattening.

  • Cash yields are broadly 1-2bp lower on the day with the curve 1-2bp steeper. Last yields: 2-year 0.0475%, 5-year 0.3325%, 10-year 0.785%, 30-year 1.2963%.
  • The Sep 21 gilt future has traded up to 127.31, 1 tick of the day's high.
  • Short sterling futures are flat/0.5 ticks higher in whites/reds and 0.5-2.5 ticks higher in greens/blues.
  • The DMO earlier sold GBP3bn of 1/3/6/-month bills.
  • Looking ahead, next week see the release of money supply and consumer credit data for April and final PMI prints for May.
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.