Free Trial

Global Govies carried on from their....>

BOND SUMMARY
BOND SUMMARY: Global Govies carried on from their Asian session, underpinned and
buoyed by lingering uncertainty. 
-EGBs are better bid, but no correlation noted across assets in early trading. 
-The small miss in French Business climate provided further support. 
-Bund are leading Govies with Treasuries and Gilts sitting in positive
territory, albeit in lower turnovers and limited volatility. 
-GBP and Gilts are within ranges with Brexit now on the EU's side, where
diplomats are expected to meet in Brussels today to begin the process of
approving the U.K.'s Brexit extension request. 
-At 11.20BST U.K. PM Johnson, Labour Leader Corbyn will Debate at PMQs. 
-Treasuries have followed suit and are trading in tandem with the German and UK
curves, with the TYZ9 trading up 7+ on the day. 
-Very little of note on the calendar this afternoon with only the EC Consumer
Confidence.
-Focus remains squarely on the UK and Brexit.

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.