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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.
BONDS
- Bund test that initial yield level (171.34/171.30), and also a decent jump in UK 10yr Yield, now highest since the 25th June.
- In terms of MNI technical for the Gilts, the contract test immediate support right here at 127.65 (76.4% retracement of the Jun 3 - Aug 4 rally).
- Further downside traction opens to 127.50 Low Jun 28
- With Bund leading Govies lower, the Gilt/Bund spread moves 1bp wider, but still short of that double top circa 109.5732, which was also the widest level since April.
Chart source: Bloomberg
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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