Free Trial

/EGBs-GILTS CASH CLOSE: Little movement in....>

BONDS
BONDS: /EGBs-GILTS CASH CLOSE: Little movement in core European FI to start the
week, with Bund yields basically unchanged, and Gilt yields up 1-1.5bps for the
most part. Strong move higher in equities was mirrored by some more risk-taking
on periphery EGBs, with spreads falling 1-2bps (though Spain 10-Yr leading, down
2.2bps vs Bunds).
** Closing levels:
* Germany: The 2-Yr yield is down 0.1bps at -0.684%, 5-Yr is up 0.3bps at
-0.676%, 10-Yr is up 0.1bps at -0.431%, and 30-Yr is up 0.1bps at 0.03%.
* UK: The 2-Yr yield is up 1.1bps at -0.069%, 5-Yr is up 1.3bps at -0.026%,
10-Yr is up 1.3bps at 0.201%, and 30-Yr is down 0.2bps at 0.649%.
** 10-Yr Periphery EGB Spreads:
* Italian BTPs vs Bunds down 1.6bps at 167.1bps
* Spanish bonds vs Bunds down 2.2bps at 85.6bps
* Portuguese PGBs vs Bunds down 1.6bps at 84.7bps
* Greek bonds vs Bunds down 1.2bps at 157.9bps

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.