MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

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/Gilts - A busy start for the week

BONDS
  • Another busy session for EGBs and Bund, as Govies continue to fall.
  • Bund has traded decent volume and in a 95 ticks range 169.73/170.68)
  • The contract has failed to reach the yield target at -0.18%, which equated to 169.56 today, printing a 169.73 low, and we are back above 170 at the time of typing
  • Peripheral spreads are mixed, Italy 1.5bp wider, and Greece 0.3bp.
  • Continued widening of the Gilt/Bund spread now by 2.8bps, vs 0.3bp on the open.
  • As noted during the last few weeks, next resistance is at the 2019 peak and widest level since June 2016 at 121.0123.
  • The spread is now at 117.8.
  • UK 5/30s steepest in 15days, while the 2s/10s is now steepest since the 12th July
  • The Gilt/Bund spread and the curve will be closely watched with ALL EYES on BoE Bailey later today, following the stunning BoE last week.
  • Looking ahead, ECB Visco, Panetta, de Cos, Fed Williams, Brainard, and BoE Bailey
HomepageBond Market NewsBulletMarketsFixed Income Bullets
HomepageBond Market NewsBulletMarketsFixed 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.