Free Trial

Bunds have ground higher through the....>

EGB SUMMARY: Bunds have ground higher through the day today as a modestly risk
positive sentiment has helped equities move a little higher.
- The focus remains on how lockdown procedures will be reversed with France
pointing to continued travel restrictions and working from home for another 3
weeks, some shops to begin reopening from 11 May and with schools likely to
re-open some time in May.
- This week's ECB meeting (and tomorrow's Fed decision) are also playing on the
market's minds.
- ECB sources story out earlier, contact us for access.
** Latest levels:
* Jun Bund futures (RX) up 33 ticks at 172.78 (L: 172.09 / H: 172.8)
* Germany: The 2-Yr yield is down 2.8bps at -0.689%, 5-Yr is down 2.8bps at
-0.655%, 10-Yr is down 2bps at -0.473%, and 30-Yr is down 0.1bps at -0.064%.
* Jun BTP futures (IK) up 73 ticks at 139.24 (L: 138.49 / H: 139.51)
* Italy / German 10-Yr spread 4.3bps tighter at 217bps
* Jun OAT futures (OA) up 36 ticks at 167.22 (L: 166.54 / H: 167.23)

To read the full story



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.