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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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Free AccessEGBs/GILTS: EGBs and Gilts are.........>
BOND SUMMARY: EGBs/GILTS: EGBs and Gilts are trading weaker early Tuesday as
markets return from a long holiday weekend.
- ECB`s Coeure said in an interview Tuesday with Frankfurter Allgemeine Zeitung
that he does not `see the monetary policy argument for tiering`, but that
negative interest rate policy`s usefulness should be revisited `regularly`.
- Pressure building on UK PM May with headlines over the weekend suggesting
Conservative Brexiteers increasingly keen to oust her ahead of EU parliamentary
elections; regardless, Gilt yields higher, 10-Yr weakest (up 2.4bps at 1.221%).
- Greece outperforming periphery EGBs following Monday`s request to repay IMF
loans early; 10-Yr 2.8bps tighter to Bunds. Italy is 1.2bps wider.
- Thin on data today; mainly Eurozone consumer confidence out at 1500BST.
- Latest futures prices:
* Jun Bund futures (RX) down 38 ticks at 164.84 (L: 164.82 / H: 165.13)
* Jun BTP futures (IK) down 45 ticks at 129.7 (L: 129.54 / H: 130.11)
* Jun OAT futures (OA) down 42 ticks at 161.6 (L: 161.58 / H: 161.91)
* Jun Gilt futures (G) down 23 ticks at 126.91 (L: 126.87 / H: 127.05)
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.