Free Trial

/EGBs-GILTS CASH CLOSE: A bit of a............>

BONDS: /EGBs-GILTS CASH CLOSE: A bit of a rollercoaster day for European bonds,
with core FI strengthening throughout the day with some slight bull steepening
seen in the UK and German curves. Periphery EGBs tighter though off tightest
levels of the day. Latest levels:
* Germany: The 2-Yr yield is down 3.3bps at -0.694%, 5-Yr is down 2.7bps at
-0.654%, 1 0-Yr is down 1.6bps at -0.469%, and 30-Yr is up 0.2bps at -0.061%.
* UK: The 2-Yr yield is down 1.6bps at 0.054%, 5-Yr is down 1.5bps at 0.155%,
10-Yr is down 1.4bps at 0.287%, and 30-Yr is up 0.1bps at 0.641%.
- Current 10-Yr EGB Periphery Spreads to Bunds:
* Italy / German 10-Yr spread 1.6bps tighter at 219.7bps
* Spain / German 10-Yr spread 3.1bps tighter at 131.1bps
* Portugal / German 10-Yr spread 3.7bps tighter at 143.5bps
* Greece / German 10-Yr spread 3.7bps tighter at 266.7bps

To read the full story



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.