MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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- Multi year highs for Yields

BONDS
  • Yields rises to multi year highs, and markets have once again traded in wide ranges, but volume have been way below averages.
  • This has been the trend for the past six sessions for Bund.
  • Another 120 ticks range for the German 10yr, which pushed yield to the highest level since November 2018.
  • Next upside target is at the 08/11/18 high, 0.468%, which today, would equate to 159.98.
  • BTP followed suit, and briefly traded below 139.00Target in Italian Yield is the 2022 high at 2.001%, which was also the highest print since May 2020.
  • The 2.001% would equate to 138.79, which will be seen as the next area of interest.
  • Gilt have led to the downside and sits 134 ticks down at the time of typing.
  • Gilt/Bund has in turn widened by 5.5bps.
  • Looking ahead, ECB Nagel and Fed Powell are the remaining speakers.
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.