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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
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Commodities
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Credit
Credit
Real time insight of credit markets
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
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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.
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 AccessMNI POLITICAL RISK - Trump's First Post Election Interview
MNI POLITICAL RISK ANALYSIS - Week Ahead 9-15 Dec
EUR Market Wrap
• 2y/10y bunds ended -3bp/-6bp after bunds and gilts held onto the majority of their post- UK CPI gains before tightening further into the close in line with USTs.
• Main/XO tightened 0.7bp/3.3bp, underperforming CDX IG/HY by 0.4bp/0.7bp. €IG/€HY cash ended -1.2bp/+1.5bp.
• SXXP ended +0.4% with most sectors in the green (Media, Tech, Retail all +1%) though Food & Bev underperformed at -0.4% with the 7% loss at Heineken partially offset by the 7% gain at Coca-Cola HBS.
• Up today we have:
Time C Event
07:00 UK GDP, IP, Gov't Spending, Trade Data etc.
08:00 SP CPI
08:00 EC ECB's Lagarde
08:30 SP ECB's Hernandez de Cos
09:00 IT Trade Balance, Gov't Debt
10:00 EC EU Commission Economic Forecasts
12:00 EC ECB's Lane
13:00 UK BOE's Megan Greene
13:30 US Jobless/Continuing Claims, Empire Manufacturing, Retail Sales, Trade
13:50 UK BOE's Catherine Mann
14:15 US IP/Capacity Utilisation/Manufacturing Production
15:00 US Business Inventories, NAHB Housing Market Index
18:00 EC ECB's Nagel
18:15 US Fed's Waller
Curncy | Bond Type | Issuer | Rank | Ticker | B'mark | Amount (bn) | Spread (bp) | Δ IPT (bp) | BBG NIC (bp) | Cover (x) |
EUR | TelCo | VERIZON COMMUNICATIONS | Sr Unsecured | VZ 3 1/2 06/28/32 | MS | 1.00 | 90 | 35 | -4.4 | 2.3 |
EUR | TelCo | VERIZON COMMUNICATIONS | Sr Unsecured | VZ 3 3/4 02/28/36 | MS | 1.00 | 108 | 37 | 1.8 | 3.4 |
EUR | Services | ALD SA | Sr Preferred | ALDFP 3 7/8 02/22/27 | MS | 1.00 | 105 | 23 | 8.7 | 2.4 |
GBP | Utilities | EASTERN POWER NETWORKS | Sr Unsecured | UKPONE 5 3/8 02/26/42 | B | 0.35 | 87 | 21 | N/A | 5.4 |
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.