Free Trial

- Having flattened during the morning...>

EGB SUMMARY: - Having flattened during the morning session, the German bund
curve has flattened during the afternoon on the back of the long-end
outperforming. The 10-year benchmark bund yield trades at 0.237% down from a
high of 0.274%, while the 2s10s spread has narrowed to 83.2bps from a high of
- French OATs have broadly rallied since the morning with the very long-end
outperforming. The 30-year OAT trades at 1.614% down from a high of 1.643%. The
2s30s spread has traded up 4.5bps on the day. 
- The rally in Italian BTPs quickly lost steam shortly after the open, with
yields gradually drifting lower again from midday. The 2-year trades at 0.675%
down from a high of 0.773%.
- The short-end of the Spanish curve has traded sideways for most of the day
having rallied strongly at the open, while longer-end yields have pushed lower. 
- Euribor futures are 0.5-1.0 ticks lower in the whites and broadly flat in

To read the full story

Why Subscribe to


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.