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Free AccessGilts have opened Wednesday on the.....>
GILT SUMMARY: Gilts have opened Wednesday on the front foot after
underperforming among global bonds Tuesday.
- Sep8 Gilt future is up 10 ticks at 123.48.
- The Gilt curve has gained basically in parallel, with 2-Yr (0.714%), 5-Yr
(1.002%), and 30-Yr (0.983%) yields each 0.8bps lower, 10-Yr outperforming very
modestly, yield down 0.9bps at 1.258%.
- As for rate futures, the Short Sterling strip is seeing little movement so
far, with some isolated 1 tick gains in Red, Green and Blue contracts.
- No key data today (indeed the calendar is thin until month-end) and no
scheduled BoE speakers, so direction likely to be dictated by global risk
sentiment and of course any Brexit headlines.
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.