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: Gilts < Bunds < USTs Today

BOND SUMMARY
  • Gilts have underperformed Bunds which have underperformed Treasuries this morning, with the former almost flat on the day and the others marginally higher.
  • There has been very little newsflow to move the docket and the calendar is pretty sparse for the rest of the day. UK CPI tomorrow and the ECB Accounts on Thursday are the next notable releases for the markets.
  • Both gilt auctions were relatively strong with tighter tails and better bid-to-covers than previous auctions of the same gilts. (Although the sizes were marginally smaller than previous auctions).
  • Gilt futures are up 0.02 today at 137.05 with 10y yields up 0.2bp at 0.217% and 2y yields up 0.6bp at -0.41%.
  • Bund futures are up 0.05 today at 176.26 with 10y Bund yields down -0.2bp at -0.455% and Schatz yields up 0.3bp at -0.662%.
  • BTP futures are down -0.19 today at 147.64 with 10y yields up 1.4bp at 0.943% and 2y yields down -0.2bp at -0.148%.
  • OAT futures are unch today at 168.21 with 10y yields unch at -0.162% and 2y yields down -1.3bp at -0.627%.
BulletMarketsFixed Income Bullets
BulletMarketsFixed 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.