Free Trial

Early market colour

BONDS
  • A much lighter open in terms of Volumes this morning, after decent volumes traded during the first 4 hours of trading this week, every single day.
  • Most investors are on the sideline, but safe haven (Bonds) are underpinned, which will likely be the trend today and into the end of the session going into the weekend, as desk position to alleviate any potential escalations in Eastern Europe.
  • Fairly steady in peripheral spreads, although the Greek/Bund spread continues to edge at widest level since Mat 2020..
  • The Greek/Bund spread is just 0.2bp wider, and further push higher will open to 240nps, now at 235.4.
  • The next upside target is seen further out, to 256.48bps

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.