Free Trial

Bund and BTP are the drivers

BONDS
  • As expected some knee jerk price action, the USD extends gains and was bid pre data.
  • The momentum in Europe was already to the downside in Futures, as Yields tested new multi year highs during the European morning session.
  • Europe was the main driver in the futures downside, dragging Treasuries.
  • Watch Bund and next target at 1.30% = 149.62.
  • BTP and Bund leads the downside.

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.