Free Trial

Govies curves

BONDS
  • US 5s/30s extend higher, leaning bull steeper, and testing the September high that was 7.76, now at 7.825, steepest since 26th August.
  • USTs trading richer and belly outperforming.
  • Yields: 2y -3.9bp , 5y -5.0bp , 10y -3.6bp , 30y -2.4bp2/10s: near unch (+0.3bp); 10/30s: steeper (+1.0bp).
  • Continued divergence for the UK curve, trading bear flatter, after MNI noted yesterday that ""We think there is a chance that if the Fiscal Statement is held next week that the syndicated reopening of the 1.50% Jul-53 Green Gilt may be delayed until the following week (W/C 26 September)".

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.