MNI BRIEF: Inflation Risks Now Shifted To Downside-BOE Ramsden

MNI: Goolsbee Says Stalled Inflation Means Wait Before Moving

MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGBs-GILTS CASH CLOSE: Awaiting Conte

BONDS
Bonds gained all afternoon with weaker equities. Interest in Italian politics grew after the cash close, with reports that PM Conte would resign Tuesday morning in a bid to gain a mandate from President Mattarella to form a new government with broader backing. Italian spreads dropped in the cash session, while BTP futures regained lost ground following the Conte headlines in the post-cash session.
Closing levels:
  • Germany: The 2-Yr yield is down 2bps at -0.727%, 5-Yr is down 2.8bps at -0.744%, 10-Yr is down 3.8bps at -0.55%, and 30-Yr is down 3.9bps at -0.136%.
  • UK: The 2-Yr yield is down 0.8bps at -0.133%, 5-Yr is down 2.7bps at -0.062%, 10-Yr is down 4.6bps at 0.262%, and 30-Yr is down 5.8bps at 0.834%.
  • Italian BTP spread down 3.5bps at 122.8bps
  • Spanish bond spread down 1.2bps at 62.3bps
  • Portuguese PGB spread down 1.1bps at 57.2bps
  • Greek bond spread up 1.8bps at 123.4bps
BulletMarketsFixed Income Bullets
BulletMarketsFixed 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.