MNI BRIEF: China February CPI Rises To 1-Year High

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

RPT-MNI INTERVIEW: BOC Has Case For No Cut This Year: McNeil

MNI China Daily Summary: Friday, March 8

MNI: PBOC Conducts CNY10 Bln Via OMO Fri; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0978 Fri; -3.17% Y/Y

CHINA FEB FOOD PRICES -0.9% Y/Y VS -5.9% Y/Y JAN

CHINA FEB CPI 0.7% Y/Y VS MEDIAN 0.3%; JAN -0.8% Y/Y: NBS

Bond Supply Calendar: ESM Syndication "Upcoming"; BoE APF Monday

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGB/Gilt

BOND SUMMARY

European sovereign bond markets have started the week on a softer note.

  • Gilts opened higher this morning but quickly reversed. Cash yields are now broadly 1bp higher across the curve.
  • It is a similar story for bunds. Last yields: 2-year -0.7255%, 5-year -0.7321%, 10-year -0.5365%, 30-year -0.1174%.
  • OATs have marginally underperformed bunds with yields up to 2-3bp higher on the day.
  • BTPs have sold off with yields up 3bp and the curve trading flat overall.
  • Supply this morning came from Germany (Bubills, EUR4.867bn allotted), the Netherlands (DTCs, EUR1.62bn) and Slovakia (SlovGBs, EUR549.6mn).
  • The data calendar was light this morning with no Tier 1 releases.
  • Focus this week will be on the ECB GC meeting, although no material changes in monetary policy are expected given that a sizeable stimulus package was delivered in December. Focus will instead be on the ECBs interpretation of recent economic developments and lockdown restrictions, as well as any commentary on the value of the euro.
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.