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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
EGBs-GILTS: Supply Supply Supply
Core FI is being weighed down by equities ticking higher (for the most part), and large supply coming this morning.
Periphery spreads a little tighter in the early going, while the Bund and Gilt curves have continued on from Tuesday's bear steepening.
In supply: Italy, Germany, Portugal and the UK all coming to market this morning, plus the ongoing Finland 10-Yr syndication.
Some attention is also on central bank speakers, after a relative dearth: ECB's Schnabel at 1230BST, and BOE's Haldane at 1700BST. The only noteworthy data of the day, French Aug Consumer confidence, came in line w expectations.** Latest levels:
- Sep Bund futures (RX) down 7 ticks at 175.82 (L: 175.56 / H: 176.04)
- Dec Gilt futures (G) down 12 ticks at 135.4 (L: 135.22 / H: 135.43)
- Sep BTP futures (IK) up 18 ticks at 146.92 (L: 146.51 / H: 146.96)
- Sep OAT futures (OA) down 1 ticks at 167.78 (L: 167.51 / H: 167.85)
- Italy / German 10-Yr spread 2.2bps tighter at 143.5bps
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.