Free Trial

Further downside continuation

BONDS
  • More selling hitting Govies as the US join the session.
  • Bund sold in 5k and TYH3 in 4k.
  • Italian BTP is leading EGB's lower, with the move initially triggered by ECB Knot's comment on multiple 50bps hikes, during the early European session.
  • Knot is a big Hawk, voter in Feb and May, not in March.
  • Support in BTP (IKH3) moves up to 116.57 initially.

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.