Free Trial

Futures Back To Flat, Curve Twist Steepens

GILTS

Gilt futures are back to flat on the day, with a pre-CPI move off lows in U.S. Tsys seemingly helping.

  • The major UK cash benchmarks run 2.5bp richer to 0.5bp cheaper as the curve twist steepens, pivoting at 7s.
  • SONIA futures are flat to +3.0 on the day.
  • BoE-dated OIS sit a touch softer on the session, as terminal policy rate pricing moves to 5.75%.
  • Local news flow remains light, leaving cross-market impulses at the fore.
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.