MNI BRIEF: Fed Risks Soft Landing If It Doesn’t Cut - Goolsbee

MNI BRIEF: EU Parliament Backs Von Der Leyen For 2nd Term

MNI: ECB LEAVES KEY DEPOSIT RATE UNCHANGED AT 3.75%

MNI China Daily Summary: Thursday, July 18

MNI BRIEF: China To Upgrade Rural Land Reform: 3rd Plenum

MNI BRIEF: China's Third Plenum Eye's Deeper Financial Reform

MNI: FED BALANCE SHEET TOTAL ASSETS -$16B TO $7.208T IN WEEK

MNI: US TSY TICS NET FLOWS IN MAY +$15.8B

US Treasury Auction Calendar

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGB/Gilt - Impressive volume session for Bund

BONDS

Although EGBs have somewhat been limited in terms of big ranges, this has been a busy session in terms of volumes.

  • Bund trading circa 100k lots per hour, is what we call a standout session in liquidity.
  • Bund have stayed under pressure in early trading, but we are fading off the lows as the US starts to come in.
  • Risk remains tilted to the downside.
  • Peripheral are mostly mixed, but Greece is sticking out, with the Greek/German 10yr spread 4.5bps wider.
  • Gilts sees December now front month, with the majority of the rolls done, 83% complete.
  • Looking ahead, US, sees GDP and Core PCE, but these are second readings, so unlikely to move the needle.
  • Today's speakers include, ECB Rhen, Villeroy and Schnabel.
  • ECB also publish their minutes from the 21-22 July meeting.
  • Fed speakers appear on Network TV, 0730ET KC's George (Bloomberg), 0800ET Bullard (CNBC), 1030ET Dallas' Kaplan (CNBC).
  • 2000ET Full Jackson Hole Agenda Released
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.