Free Trial

Continuing to underperform, but remaining above Friday's lower

GILTS
  • Gilts continue to underperform today, with futures trading as low as 111.58 (in touching distance of Friday's low of 111.55 which acts as the first support).
  • The curve has also bear flattened to a relatively small extent.
  • As we noted earlier, the big event of the day will be the MNI Connect webinar featuring Catherine Mann who will speak about monetary policy in a global context.
  • SONIA futures continue to drift slowly lower today with the Dec-23 now down 6.5 ticks on the day.

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.