FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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

EGBS: Futures Drift Lower; German Curve Flattens Ahead of Schatz Supply

EGBS

Core/semi-core EGB futures have drifted away from intraday highs, with Bund futures now over 20 ticks off the high of 132.65.

  • Short-end supply from Italy and Germany headlined this morning’s calendar, with little notable data or ECB speak.
  • The E4.5bln Schatz auction prompted a light twist flattening of the German cash curve in the run-up to the bidding deadline, with 2-year yields slightly higher today.
  • OAT/Bund spreads have tightened across the curve. Promises of fiscal restraint from RN officials in recent days has prevented an extension of last week’s widening.
  • Canada CPI headlines this afternoon’s macro calendar, with this week’s main risk events skewed towards the end of the week.
BulletFixed Income Bullets
BulletFixed 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.