MNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans

MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Covid-19 concerns push Bunds higher and BTPs lower on the open

BOND SUMMARY

Concerns surrounding fresh Covid-19 restrictions across the Eurozone have helped push Bunds higher, BTPs lower and have seen a sell off of between 1.5%-2.0% in most European equity index futures this morning.

  • Chancellor Merkel has been reported as wanting a meeting of the leaders of the federal states today to discuss measures including shutting all bars and restaurants.
  • President Macron is expected to announce new restrictions at 19:00GMT/20:00CET after a two day meeting of his Covid-19 taskforce. Reuters have reported that restrictions could include extending the curfew.
  • Bund futures are up 0.28 today at 176.22 with 10y Bund yields down -1.8bp at -0.634% and Schatz yields down -1.2bp at -0.792%.
  • BTP futures are down -0.26 today at 149.40 with 10y yields up 2.6bp at 0.725% and 2y yields up 1.5bp at -0.364%.
BulletMarketsFixed Income BulletsForeign Exchange Bullets
BulletMarketsFixed Income BulletsForeign Exchange 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.