Free Trial

(U2) Bear Trend Acceleration


(U2) Trend Needle Still Points South


(U2) Fresh Cycle Low


(U2) Fresh Cycle Low

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
BOND SUMMARY: EGBs/Gilts have traded quietly so far, with Italy outperforming.
- German curve pretty flat so far; long end underperforming.
- Italian spreads continue to retrace lower; 10-Yr spread vs Bunds down 6.4bps
at 243.4bps. Corriere reported Sunday that in a letter to the European
Commission, PM Conte included a request to review the 3% of GDP deficit rule.
- Gilt futures up a few ticks; few real implications out of Sunday's
Conservative leadership debate, with frontrunner Johnson not in attendance.
- Pretty quiet data slate across Europe (just Eurozone labour costs at 1000UK),
though we get OLO supply from Belgium and Slovakia sells SLOVGBs.
- Slovenia was upgraded to AA- from A+ by S&P on Friday; France and UK affirmed
at AA and AAA, respectively.
- The highlights in terms of speeches include President Mario Draghi speaking in
Portugal as the ECB's Sintra conference gets underway.
- ECB`s Coeure saying in FT this morning that weak market signals are at odds
with decent econ data; that all easing options come with 'costs and benefits',
that tiering would have to be considered if policy rates are cut.

To read the full story

Why Subscribe to

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.