Free Trial
AUSSIE BONDS

Supply Matters & Election In Focus

NZD

Kiwi On Track For Weekly Gain

US TSYS

Growth Worries Remain Evident

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
BONDS

European curves bear flattened Thursday in the wake of the hawkish Federal Reserve meeting after hours Wednesday, though retraced some losses over the course of the session.

  • The UK short end underperformed across the core FI space. Some analysts posted more hawkish near-term BoE policy outlooks, ahead of next week's MPC.
  • BTPs stood out, with spreads compressing sharply in contrast to previous sessions' widening:
  • 10Y yields saw their biggest drop since Dec 17 (after hitting the highest yield since Jun 2020) as the presidential election impasse continued into Friday.

Closing Yields / 10-Yr Periphery EGB Spreads To Germany

  • Germany: The 2-Yr yield is up 3.4bps at -0.611%, 5-Yr is up 3.4bps at -0.319%, 10-Yr is up 1.5bps at -0.059%, and 30-Yr is down 1.8bps at 0.228%.
  • UK: The 2-Yr yield is up 4.5bps at 0.961%, 5-Yr is up 4.3bps at 1.065%, 10-Yr is up 3bps at 1.228%, and 30-Yr is up 1.9bps at 1.351%.
  • Italian BTP spread down 5.7bps at 134.5bps / Spanish down 1.8bps at 72.8bps
MNI London Bureau | +44 203-865-3807 | tim.cooper@marketnews.com
MNI London Bureau | +44 203-865-3807 | tim.cooper@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.