MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

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

EGB/GILT

BOND SUMMARY

Following an initial sell-off, European govies have rallied through the morning and remain bid.

- The Spe-20 gilt future has traded up to 138.78 off a morning low of 138.58 and is now 4 ticks off the day's high.

- The bund curve has marginally bull flattened with the 2s10s and 2s30s spreads ~1bp narrower.

- OATs trade in line with bunds. Cash yields are simlarly 1bp lower across the curve, which trades flat overall.

- BTPs are trading in line with yesterday's closing levels. Current yield levels: 2-year -0.0748%, 5-year 0.4644%, 10-year 0.9604%, 30-year 1.9177%.

- The DMO earlier sold GBP 3.5bn of 1-/3-/6-month bills.

- This morning's GDP prints confirmed a hefty contraction in GDP across the euro area during the second quarter. The Eurozone estimated printed at -12.1% Q/Q and in line with consensus.

Homepagemarkets-real-timeBulletMarketsFixed Income 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.