Free Trial

EGB/GILTS SUMMARY. The lift of a no....>

BOND SUMMARY
BOND SUMMARY: EGB/GILTS SUMMARY. The lift of a no deal Brexit, has favoured Risk
On in our early London session. GBP was the global driver yesterday and has once
again also been today. 
- Bund have been under pressure, helped by the better Risk On flow, and also
weighted by delta hedging going into the 5yr German tap. Bobl led Bund lower. 
-Gilts are down 108 ticks on the GBP rally. Investors are now focusing ahead,
with Brexit taking centre stage globally, and more Parliamentary vote (s) today.
- Bund futures are down -1.19 today at 178.13 with BTP futures up 0.68 at 147.41
and OAT futures down -0.99 at 169.54.

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.