Free Trial

Early Downtick Holds As Labour Sticks To Script

GILTS

As noted elsewhere, the Labour Party’s election manifesto delivers few surprises, leaving the door open for CGT hikes further down the line (a matter that has received plenty of attention in the UK press in recent days).

  • Futures just off lows at 97.69 as a result, with initial technical parameters remaining untouched as the contract pulls back from yesterday’s highs.
  • Yields are 4-5bp higher across the curve, with the light bear flattening flagged earlier still intact.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.