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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 Access/GILT SUMMARY: Former Conservative minister....>
EGBS: /GILT SUMMARY: Former Conservative minister Oliver Letwin has said that he
now sees no other way to legislate against a no-deal Brexit after parliament
rejected yesterday's motion.
- The result of the first Conservative leadership ballot is expected around
1300BST.
- The rally in gilts has lost momentum with yields now ~3bp lower on the day.
Current yield levels: 2-year 0.574%, 5-year 0.613%, 10-year 0.832%, 30-year
1.436%.
- Bunds lack direction and continue to trade in a tight range. The curve is
marginally flatter.
- The BTP rally has had a second wind since late morning. Yields are 4-6bp lower
and the curve has flattened. 2s10s has narrowed 3bp.
- Euribor futures are flat/0.5 ticks higher. The short sterling futures strip
has flattened wwith greens/blues up 2.5-3.5 ticks.
To read the full story
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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.