Free Trial

Futures Coil Ahead Of Mann

GILTS

Gilts futures sit in the middle of a narrow 40-tick range, last -2 at 97.50. Technical remain well-defined and untouched.

  • Cash gilt yields are 1bp higher to 1.5bp lower.
  • An uptick in crude oil futures has helped limit any rally.
  • SONIA futures are +0.5 to -1.0 through the blues.
  • BoE-dated OIS is still showing ~60bp of cuts through ’24.
  • Cross-market, Bunds & TY futures are under light pressure, while the USD is off highs and e-minis are off lows.
  • UK focus is on comments from BoE hawk Mann, scheduled for 15:30 London.
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.