MNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

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

MNI China Daily Summary: Friday, November 29

MNI: AUSTRALIA Q3 BIZ INDICATORS INVENTORIES -0.9%

MNI: AUSTRALIA OCT BUILDING APPROVALS +4.2% M/M, +6.1% Y/Y

MNI: AUSTRALIA NOV DWELLING APPROVALS +4.2% M/M

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- Periphery Outperforming

BOND SUMMARY

European government bonds have broadly rallied this morning with the EGB periphery outperforming alongside gains for equities.

  • Gilts opened firmer and have traded sideways through the morning. Yields are 1bp lower on the day.
  • Bunds have similarly firmed with the curve 1bp flatter.
  • OATs have marginally outperformed bunds with belly/long-end yields 2-3bp lower on the day.
  • BTPs have outperformed core EGBs with cash yields down 3-5bp.
  • Supply this morning came from Germany (Bubill, EUR3.614bn allotted) and the Netherlands (DSL, EUR1.7bn). France will offer EUR5.3-6.5bn of BTFs this afternoon. The UK is today issuing GBP4bn of a 0.125% Mar-39 linker via syndication with books last seen over GBP28.75bn. There is also a hefty EUR20.3bn OAT redemption today.
  • The final German Q1 GDP print was a touch weaker than the initial estimate (-1.8% Q/Q vs -1.7% previously).
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.