MNI BRIEF: BOE Rate Cut Closer But Still Some Way Off - Pill

MNI China Daily Summary: Tuesday, April 23

RPT-MNI INTERVIEW: Kaplan Says Loose Fiscal Is Holding Up Cut

MNI BRIEF: Hungary Central Bank Cuts To 7.75% As Expected

MNI: PBOC Conducts CNY2 Bln Via OMO Tues; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1059 Tues; -5.03% Y/Y

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: UK, GR Synd; DE Auction Wednesday

EZ/UK Bond Supply Calendar: UK, GR Synd; DE Auction Wednesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

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

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

EGB/Gilt

BOND SUMMARY

European sovereign bonds have broadly traded firmer this morning alongside equity losses and a retracement of G10 FX against the US dollar.

  • Gilts have rallied and the curve has slightly bull flattened. The 2s30s spread is 1bp narrower.
  • Bunds have similarly firmed with yields within 1bp of yesterday's close.
  • It is a similar story for OATs with the curve marginally flatter on the day.
  • The fallout over Covid vaccinations in the EU continues with Belgium sending investigators to the AstraZeneca plant in Seneffe, Hainaut. A call yesterday evening between AstraZeneca chief executive Pascal Soriot and European officials failed to broker a solution that could speed up vaccine deliveries.
  • In the UK, cabinet minister Michael Gove rejected claims that vaccines produced at UK plants could be diverted to the EU.
  • UK PM Boris Johnson headed to Scotland today to extol the virtues of the United Kingdom amid a resurgence in momentum for Scottish independence.
  • Supply this morning came from Italy (BTP/CCTeu, EUR8.75bn)
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.