CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

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 - Dragged lower by Treasuries

BONDS
  • A lighter session in terms of volumes today, but overall some good ranges.
  • Bund and EGBs have been dragged lower by US treasuries post the US Retail Sales beat.
  • Peripheral spread have been mixed, Portugal is 1bps wider, while Greece is 1bp tighter.
  • Gilts have underperformed pushing the Gilt/Bund spread 2.7bps wider.
  • UK 5s/30s is steeper today, after we printed 55.885, flattest levels since May 2020 yesterday, now at 61.12
  • Dec Bund futures (RX) down 24 ticks at 169.41 (L: 169.17 / H: 169.84)
  • Germany: The 2-Yr yield is up 1.7bps at -0.675%, 5-Yr is up 2.1bps at -0.516%, 10-Yr is up 2.5bps at -0.166%, and 30-Yr is up 4.2bps at 0.28%
  • .Dec Gilt futures (G) down 42 ticks at 124.65 (L: 124.47 / H: 124.99)
  • UK: The 2-Yr yield is up 5.1bps at 0.565%, 5-Yr is up 5.3bps at 0.752%, 10-Yr is up 5.3bps at 1.095%, and 30-Yr is up 7.9bps at 1.368%.
  • Dec BTP futures (IK) down 40 ticks at 151.94 (L: 151.71 / H: 152.32)
  • Dec OAT futures (OA) down 32 ticks at 165.74 (L: 165.52 / H: 166.23)
  • Italian BTP spread up 1.1bps at 103.5bps
  • Spanish bond spread up 0.3bps at 63bps.
  • Portuguese PGB spread up 0.6bps at 52.2bps
  • Greek bond spread down 0.6bps at 108.5bps
HomepageBulletMarketsFixed Income BulletsForeign Exchange 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.