Free Trial

GILT have been bid all day in line.....>

GILT SUMMARY
GILT SUMMARY: GILT have been bid all day in line with other major Govies and on
the back of the broadbase risk off. 
-Despite the communication shamble from BoE Carney yesterday, putting a hawkish
spin into the rate path expectation, Gilts took their cue from Contagion risk
and attracted safe haven buying interest from investors going into the weekend.
}
-FTSE and othe global index have plummeted today. 
-On a side note and this has affected all major Govies, was the headline study:
"CORONAVIRUS INFECTIONS IN WUHAN MAY TOTAL UP TO 75,800: STUDY" 
-Safer haven asset are just simply bid, including commodities like Gold and the
swissy (CHF)
- Gilt futures are up 0.17 today at 134.90 with 10y yields down -2.0bp at 0.521%
and 2y yields unch at 0.501%.

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.