Free Trial

Gilts outperform again

BONDS
  • Gilts are the outperformers in core fixed income, the only futures contract to move higher on the day. Having said that, all moves in core fixed income are rather subdued today and all sitting within yesterday's range.
  • Looking ahead US PPI will be the focus, as will Brainard's testimony. We also have speeches from Fed's Barkin, Evans and ECB' s de Guindos and Elderson.
  • TY1 futures are down -0-5+ today at 128-13 with 10y UST yields up 0.2bp at 1.747% and 2y yields down -0.5bp at 0.916%.
  • Bund futures are down -0.08 today at 170.14 with 10y Bund yields up 0.4bp at -0.94% and Schatz yields up 0.5bp at -0.591%.
  • Gilt futures are up 0.04 today at 123.39 with 10y yields unch at 1.137% and 2y yields down -0.8bp at 0.790%.

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.