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 - European Govies plummet on ECB

BONDS
  • Another big session in term of ranges, but once again below averages volumes.
  • Bund has again traded in a 241 ticks range, while BTP a whooping 418 ticks range.
  • US CPI, was inline, but the big mover was the more Hawkish statement from the ECB, which is looking at tapering earlier.
  • Bund and peripherals plummeted.
  • Peripherals are as such more impacted, translating into wider spreads.
  • Italy by 15.2bps and Greece 10.6bps/
  • Gilts have held onto gains, albeit down 21 ticks at the time of typing.
  • And the gilt/Bund spread is 4.5bps tighter.
  • Gilts are down 22 at 122.10
  • Bund futures are down -0.97 today at 162.61 with 10y Bund yields up 5.9bp at 0.272% and Schatz yields up 10.9bp at -0.396%.
  • BTP futures are down -2.83 today at 140.08 with 10y yields up 21.8bp at 1.895% and 2y yields up 18.0bp at 0.169%.
  • OAT futures are down -1.37 today at 154.74 with 10y yields up 8.7bp at 0.745% and 2y yields up 11.0bp at -0.326%.
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.