FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

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

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

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

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

It has been a mixed start to the week for European sovereign bonds, while equities have inched lower and the dollar has gained against G10 FX.

  • Gilts have lacked direction and trade close to unch on the day with the curve similarly flat.
  • Bunds started the session on a stronger footing but gave up early gains to trade within 1bp of Friday's close.
  • The OAT curve has flattened 2bp on the back of the shorter end trading a touch weaker. Last yields: 2-year -0.3994%, 5-year -0.0102%, 10-year 0.5429%, 30-year 1.3993%.
  • BTPs have sold off slightly with cash yields 1-2bp higher on the day.
  • The UK's chief medical officer, Chris Whitty, has warned that the NHS could soon be overwhelmed if social restrictions are not adhered to.
  • Supply this morning came from Germany (Bubills, EUR4.265bn allotted).
  • The data calendar was relatively light this morning. Norwegian CPI data for December printed in line with expectations (1.4% Y/Y).
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.