CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGBs-GILTS CASH CLOSE: Renewed Brexit Optimism Sinks Gilts

BONDS

Gilts sold off on yet another Brexit deal deadline extension (reversing Friday's pessimism to some degree), though yields fell from session highs, while EGBs largely saw range trading Friday.

  • The UK and German curves bear steepened, while periphery spreads tightened.
  • After little data today, Tuesday kicks off with UK labor market data. ECB's Rehn speaks in the morning, but all attention is on Brexit and Thursday's BoE decision.

Closing Levels / 10-Yr Periphery EGB Spreads:

  • Germany: The 2-Yr yield is up 1.2bps at -0.771%, 5-Yr is up 1.4bps at -0.798%, 10-Yr is up 1.6bps at -0.62%, and 30-Yr is up 2.7bps at -0.212%.
  • UK: The 2-Yr yield is up 2.3bps at -0.089%, 5-Yr is up 3.4bps at -0.061%, 10-Yr is up 5bps at 0.222%, and 30-Yr is up 4.9bps at 0.762%.
  • Italian BTP spread down 3.3bps at 116.1bps
  • Spanish bond spread down 1.5bps at 62.3bps/Portuguese down 1.7bps at 58.1bps
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.