Free Trial



Much better buying of core Bond this afternoon as safe haven remains favoured.

  • Curves are bull flatter, but still short of yesterday's low.
  • Bund tested yesterday's high but lacking clear traction.
  • Peripherals are trading mixed, with Portugal 1bp wider, while Greece sits 1.3bp tighter.
  • Gilt have traded inline with EGB and in positive territory, following MHRA's decision on Astra and younger people.
  • Looking ahead, ,Fed Bullard and Kashkari on Economy.
  • Fed Powell is in an IMF panel, as well as Riksbank Ingves and Breman.
  • Jun Bund futures (RX) up 38 ticks at 172.05 (L: 171.63 / H: 172.12)
  • Germany: The 2-Yr yield is down 1bps at -0.713%, 5-Yr is down 1.3bps at -0.67%, 10-Yr is down 1.9bps at -0.343%, and 30-Yr is down 1.8bps at 0.213%.
  • Jun Gilt futures (G) up 39 ticks at 128.59 (L: 128.12 / H: 128.66)
  • UK: The 2-Yr yield is down 1.8bps at 0.046%, 5-Yr is down 1.7bps at 0.341%, 10-Yr is down 2.6bps at 0.747%, and 30-Yr is down 2.9bps at 1.286%.
  • Jun BTP futures (IK) up 39 ticks at 149.38 (L: 148.97 / H: 149.47)
  • Jun OAT futures (OA) up 31 ticks at 162.51 (L: 162.16 / H: 162.6)
  • Italian BTP spread down 1.4bps at 100.3bps
  • Spanish bond spread up 0.7bps at 67.3bps
  • Portuguese PGB spread up 0.9bps at 57bps
  • Greek bond spread down 1.2bps at 117.1bps

To read the full story



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.