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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 AccessEnd Continues To Benefit From BoE APF Sales Tweak
Gilt futures are +45 or so, just above 101.60, around the top of their near 50-tick early range. The contract looks through Friday’s peak but is short of Thursday’s high.
- Cash gilt yields are 1.5-3.0bp lower across the curve, with the belly seeing some modest underperformance.
- The long end continues to benefit from the feedthrough from the BoE’s APF sales schedule (outlined earlier).
- SONIA futures run -0.25 to +5.0 through the blues, twist flattening.
- This weekend saw headline flow generally centre on domestic politics.
- The previously flagged comments from BoE Deputy Governor Broadbent (10:30 London) headline ahead of Wednesday’s UK CPI print.
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.