CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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-GILTS: Bund/Gilt Rally Stalls, But BTPs Shine

BOND SUMMARY

Bunds and Gilts are off the highs in early trade, though equities likewise have come off an early move higher. Periphery spreads tightening, with 10-Yr BTP yields at an all-time low (0.747%).

  • Aug UK GDP and French indu. prod came in weaker than expected. Italy IP up at 0900BST, and that's pretty much it for European data this week.
  • UK Chancellor Sunak to announce a job support plan for COVID-hit lockdown areas today. Attention still very much on UK-EU relations ahead of next week's EU Summit.
  • BoE's Haldane speaks at 1540BST. No supply today.

Latest levels:

  • Dec Bund futures (RX) up 14 ticks at 174.62 (L: 174.5 / H: 174.74)
  • Dec Gilt futures (G) up 9 ticks at 135.37 (L: 135.33 / H: 135.46)
  • Dec BTP futures (IK) up 9 ticks at 149.04 (L: 148.96 / H: 149.13)
  • Dec OAT futures (OA) up 15 ticks at 168.93 (L: 168.89 / H: 169.05)
  • Italy / German 10-Yr spread 0.1bps tighter at 128.1bps
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed 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.