Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Gilts hit a bout of turbulence at midday as the BoE's policy announcements hit the wires. Having settled down during the subsequent press conference, yields have since edged lower with the short end of the curve outperforming.
- The BoE left the main policy instruments unchanged at today's MPC meeting while indicating that the pace of asset purchases would slow that economic output would return to pre-pandemic levels by the end of this year.
- While the decision by outgoing Chief Economist Andy Haldane to vote for a cut to asset purchases should not be overplayed, it nonetheless reflects a noticeable and broader shift in thinking about the recovery across the MPC.
- Gilt yields are 1-4bp lower on the day. Last yields: 2-year 0.027%, 5-year 0.3259%, 10-year 0.7862%, 30-year 1.3084%.
- The Jun 21 gilt future has traded up to 128.24, 29 ticks above yesterday's closing level.