Free Trial

Having rallied into the start of the...>

GILT SUMMARY
GILT SUMMARY: Having rallied into the start of the week and holding ground
through to midday, gilts have sold off during the course of the afternoon.
Equities, meanwhile, appear to be holding on to today's gains.
- The Jun-20 gilt future trades at 137.60, at the low's of the day.
- Cash yields from the belly to the long end are broadly 1-2bp higiher with the
curve bear steepening. 
- Current yield levels: 2-year -0.014%, 5-year 0.071%, 10-year 0.2421%, 30-year
0.6384%.
- Following a quiet start to the week, the data calendar fills up from tomorrow
when April jobless claims data will be published alongside employment,
unemployment and wage data for March. Wednesday will then see the publication of
April CPI data.

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.