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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.
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Free AccessCEEMEA Rates Snapshot: SA Outperforms, Russia Hurt by Sanctions Risks
- SUMMARY: yields mostly higher with the exception of SA locals and Turkish USD bonds. SA the clear outperformer.
- SA: curve maintains bull flattening bias this week: 10Y -5.7bp, 15Y -10.2bp, 30Y -8.9bp. 10Y has cleared the 8.50 level.
- TURKEY: Divergence between local and USD bonds. Local curve +10 to +13 bp in the belly. USD curve -5.1bp in 2Y, but remainder of the curve less than 2.2bp lower.
- RUSSIA: USD and local curves offered on Navalny risks. Local curve most under pressure: 15Y +8.0bp, 7Y +5.0bp
- HUNGARY: Local curve continues to drift higher. Belly-middle of the curve most offered 5Y +2.4bp, 10Y +3.4bp
- POLAND: Limited action ahead of NBP, but yields mostly higher. 10Y +2.1bp.
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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.