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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.
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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
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 AccessMNI China Press Digest Jan 18: Property, Fiscal, Tax
MNI: PBOC Sets Yuan Parity Higher At 7.1174 THUR; -5.99% Y/Y
EGBs-GILTS CASH CLOSE: Big NGEU Issuance Sets Bearish Tone
A huge debut 10-Yr NextGenerationEU syndication set a bearish tone for Tuesday's session, with core FI weaker in a broadly risk-on session.
- Bunds sold off as it was announced the NGEU size would be the maximum E20bln, which was double most expectations (on books >E142bln).
- Apart from that we had bond supply from the UK (Gilts, GBP7.75bn), Germany (Schatz, EUR4.068bn allotted) and Finland (RFGBs, EUR1.417bn).
- Gilts traded mixed; Periphery spreads tighter.
- UK employment / earnings data impressed; final CPIs carried no surprises.
- Wednesday sees UK May inflation data, Gilt / Bund supply, and the US Fed decision.
Closing German/UK Yields And 10-Yr Spreads To Germany
- Germany: The 2-Yr yield is up 0.1bps at -0.672%, 5-Yr is up 1.2bps at -0.603%, 10-Yr is up 1.9bps at -0.232%, and 30-Yr is up 1.5bps at 0.322%.
- UK: The 2-Yr yield is up 0.9bps at 0.08%, 5-Yr is up 1.7bps at 0.331%, 10-Yr is up 1.7bps at 0.758%, and 30-Yr is down 0.2bps at 1.276%.
- Italian BTP spread down 1bps at 102bps / Spanish spread down 0.3bps at 64.1bps
To read the full story
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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.