Free Trial

EGBS: Spreads Little Changed, Equities Off Highs

EGBS

A move away from highs in global equity index futures also seems to be factoring into the aforementioned rally in core global FI markets.

  • This allows EGB spreads vs. Bunds to move away from session tights, with the major differentials that we monitor now trading within ~0.5bp of yesterday’s closing levels.
  • Still, spread moves remain contained on the day, with today’s U.S. CPI data not providing any meaningful alterations to market pricing of the path of Fed policy rates.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.