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/Gilt

BOND SUMMARY

European govies have traded weaker this morning with price action relatively contained thus far.

  • Gilt yields are up to 1bp higher on the day with the curve marginally bear steepening.
  • Bunds are similarly trading marginally below yesterday's close.
  • OATs trade broadly in line with bunds. Last yields: 2-year -06755%, 5-year -0.6724%, 10-year -0.3588%, 30-year 0.3458%.
  • BTP yields are 1bp higher on the day with the curve trading flat overall.
  • UK Chancellor of the Exchequer Rishi Sunak today announced a new GBP4.6bn support package for UK businesses. This follows yesterday's announcement from PM Boris Johnson that England will re-enter a national lockdown in a bid to contain the coronavirus.
  • Supply this morning came from Germany (Bubills, EUR4.84bn allotted), Belgium (TCs, EUR2.20bn), Greece (Bills, EUR812.5mn) and the ESM (Bills, EUR1.5bn).
  • The economic data calendar was relatively light this morning. German retail sales were better than expected in November (5.6% Y/Y vs 4.0% survey).
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.