Free Trial

EGBs are edging lower

BONDS
  • OAT and Gilt are now starting to drag Bund, BTP and the Euribor lower.
  • ERU4 in sold in 5.3k cumulative volumes, Bund in circa 4k.
  • US Tnotes (TYU4) saw a 3k seller, but the contract is met by buyer, so no real impact on the US Treasuries for now.
  • There's likely some interest in fading the OAT/Bund spread off the 85bps wide level, now trading at 83.5bps.

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.