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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.
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Free AccessGerman government bonds are lower.......>
EGB SUMMARY: German government bonds are lower into the NY session but off their
worst levels with the yield curve holding steeper.
- Risk-on dominated sentiment in early trading with stocks gaining after
President Donald Trump in comments on Twitter early Sunday saying China will
relax its trade restrictions in response to US pressure "because it's the right
thing to do".
"Taxes will become reciprocal & a deal will be made on Intellectual Property,"
added Trump.
- Attention now turns to comments from Chinese President Xi Jinping on Tuesday
at Boao Forum for Asia in Hainan, China for the next directional move.
- Some unwinding in safe-haven flows also seen following news reports that
"North Korea is prepared to discuss the denuclearization of the Korean
Peninsula" when North Korean leader Kim Jong Un meets President Donald Trump in
May, citing unnamed US officials.
- German 10-year Bund yield is 0.3bps higher at 0.50%.
- German 2-/30-year yield spread is 0.5bps steeper at +174.8bps.
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.