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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors
MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation
EGB SUMMARY: German government bonds....>
EGB SUMMARY: EGB SUMMARY: German government bonds are lower into the NY session
Thursday following recovery in stocks in the wake of comments from Trump's top
economic adviser Larry Kudlow said the administration was in a "negotiation"
with China rather than a trade war.
- MNI yesterday noted that the Chinese tariffs 25% tariffs on key US exports
don't kick in immediately and may not go into play. Key sentence from the China
statement: "Final measures & effective date of planned tariffs to be announced."
- EZ stocks hit a 2-week high with Xetra-DAX breaking a 2-month downtrend.
- EZ bonds also weighed by supply from France and Spain. France sold OATs at
bottom end of indicative range.
- Spain's Tesoro Publico sold E4.019bln in 2021-/2028-/2048 SPGB vs E4bln-E5bln
range and E625bln 2027 SPGBei vs E250-E750mln range.
- France sold E7.665bln 2028-/2034-/2039-/2048 OATs vs target E7.5bln-E8.5bln.
- German 10-year Bund yield is up 2.1bps at 0.521% vs 0.534%.
- The longer-end of German curve is underperforming. 2-/30-year yield spread
1.5bps steeper at +175.5bps.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.