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Greens & Blues Lead SONIA Strip Higher After Long Weekend


SONIA futures look to the early bid in core global FI, while also adjusting to yesterday’s broader market moves given the elongated UK weekend.

  • That leaves the strip running -0.5 to +7.0 through the blues, with the greens and blues outperforming.
  • Volume remains light as participants await the open of the gilt market.
  • Cooling shop price inflation was noted overnight, with a moderation in food price inflation helping the BRC shop price index to tick down to (a still elevated) 6.9% Y/Y in August vs. the 7.6% seen in July.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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