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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.
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Free AccessEGBs-GILTS: Spotlight On Busy Issuance Schedule
Bunds and Gilts are a little weaker with the curves bear steepening, and periphery spreads are slightly wider, with very large issuance today in the spotlight.
- Austria dual-tranche and Spain 15-Yr syndications are underway; we also get and auctions from the Netherlands, Italy, Germany, and the UK.
- UK Feb GDP came in slightly below expectations; Italy industrial production (0900BST) and German ZEW (1000BST) the upcoming data points of note. Though global attention on US CPI at 1330BST.
- Only scheduled speaker is ECB's Villeroy at 1530BST (he's already been on the wires today, discussing the French lockdown's impact on econ activity).
Latest levels:
- Jun Bund futures (RX) down 14 ticks at 171.16 (L: 171.05 / H: 171.28)
- Jun Gilt futures (G) down 9 ticks at 128.03 (L: 127.92 / H: 128.07)
- Jun BTP futures (IK) down 18 ticks at 148.25 (L: 148.16 / H: 148.51)
- Italy / German 10-Yr spread 1.3bps wider at 104.1bps
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.