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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 AccessMNI BRIEF: China Sees Progress On EU EV Deal
MNI EUROPEAN MARKETS ANALYSIS: MXN Up, Trump & Sheinbaum Speak
GERMAN AUCTION PREVIEW:......>
GERMAN AUCTION PREVIEW: GERMAN AUCTION PREVIEW: The Deutsche Finanzagentur
re-opens its 30-Year linker Bundei 0.1% Apr 2046 issue on Tuesday for up to
E0.5bln in size.
- BACKGROUND: This tap will bring the outstanding up to a still fairly modest
E6.5bln. ILBs were largely out of favour in Q2 as oil prices fell. Eurozone
inflation suffers from the strength of the euro but there are the first signs
that the strong economic growth is beginning to filter into core CPI.
- History/RV: The 30Y German breakeven yield has flat-lined since the summer at
around 1.50%. A good way to look at this auction is by spreading versus the DBRi
0.1% 2026. Like the nominal curve, the real yield curve has steepened
aggressively and at 68.5bp, the real yield is its steepest ever.
- Timing: Auction results are due shortly after bidding closes at
0930GMT/1030BST
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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.