MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

EGB/Gilt

BOND SUMMARY

It has been a mixed session so far for European sovereign bonds.

  • Gilts have traded weaker with yields 1-2bp higher and the curve marginally steeper.
  • Bunds started off weaker but clawed back early losses to now trade close to unch on the day.
  • The OAT curve has steepened 2-3bp on the back of the short-end rallying.
  • BTPs have sold off with yields 1-3bp higher.
  • UK CPI came in marginally above expectations for December (0.6% Y/Y vs 0.5% survey, Core 1.4% vs 1.3%). The house price index published the Land Registry continued to surge in November, with growth of 7.6% Y/Y, up from 5.4% the previous month, and partly reflecting the impact from the government's (soon-to-expire) stamp duty holiday.
  • Supply this morning came from Germany (Bund, EUR1.264bn allotted).
  • The ECB monetary policy meeting is next on the agenda tomorrow with no material changes expected. MNI has published its ECB preview, which is available online and by email.
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.