MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

EGB/Bund- Massive rallies post BoE

BONDS
  • A extremely busy session this afternoon, following the BoE debacle, after BoE kept Rates Unchanged.
  • Gilts and BTP led the way, dragging Bund and Treasuries higher.
  • Gilt is up 128 ticks, BTP 153, OATs 96 and Bund 90.
  • Front Short Sterling whites are up as much as 26 ticks on the session.
  • Back end Euribor up 12 ticks.
  • UK 5yr yield is set for the biggest 1 day fall since the Brexit referendum.
  • Spreads have all tightened against the German 10yr, Gilts by 8.7bps, Italy 6.1, and Greece 2.3.
  • Looking ahead, BoE Cunliffe, Fed Quarles, and ECB Schnabel are still set to speak.
  • Note that we have BoE pill tomorrow, which will be interesting given today's decision.
  • Dec Bund futures (RX) up 91 ticks at 170.25 (L: 169.03 / H: 170.33)
  • Germany: The 2-Yr yield is down 5.7bps at -0.711%, 5-Yr is down 8.3bps at -0.559%, 10-Yr is down 5.8bps at -0.226%, and 30-Yr is up 1bps at 0.157%.
  • Dec Gilt futures (G) up 132 ticks at 126.12 (L: 124.79 / H: 126.19)
  • UK: The 2-Yr yield is down 18.9bps at 0.515%, 5-Yr is down 19.6bps at 0.657%, 10-Yr is down 13.5bps at 0.94%, and 30-Yr is down 7.6bps at 1.124%.
  • Dec BTP futures (IK) up 148 ticks at 151.75 (L: 150.28 / H: 151.95)
  • Dec OAT futures (OA) up 100 ticks at 166.65 (L: 165.37 / H: 166.73)
HomepageBulletMarketsFixed 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.