Free Trial

Gilt futures are trading near day's....>

GILT SUMMARY
GILT SUMMARY: Gilt futures are trading near day's lows, with a modestly positive
risk atmosphere weighing.
- The Dec 18 Gilt future is down 24 ticks at 122.60, having traded in a range of
122.59-122.8 today. 
- The 2-Yr yield is up 1.4bps at 0.736%, 5-Yr is up 1.7bps at 0.994%, 10-Yr is
up 2.2bps at 1.421%, and 30-Yr is up 0.3bps at 1.844%.
- Short Sterling is weaker across the strip, with Jun19-Sep22 contracts down
2.0-3.0 ticks.
- FTSE 100 is up 0.28% at 7,045.99, albeit partly a reflection of weaker
sterling, which is off 0.11% at 1.2779 vs USD.
- October CBI distributive trades survey is out at 1000BST. CBI sales reported
balance was strong in Sep (+23) and is expected to have remained at an elevated
level in Oct. Consensus for a slight moderation in the headline balance to +20.
- The IFS releases its report on yesterday`s Budget at 1300BST. 

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.