MNI BRIEF: Inflation Risks Now Shifted To Downside-BOE Ramsden

MNI: Goolsbee Says Stalled Inflation Means Wait Before Moving

MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Holding onto gains going into the weekend

EGB SUMMARY
  • EGBs have held onto gains, albeit off their best levels, despite some long cover in US Treasuries.
  • Contract is also underpinned post the US Michigan inflation 1 year miss.
  • Some highlights of the UMich report:
  • An all-time record number of consumers anticipating a net decline in unemployment.
  • The expected year-ahead inflation rate declined to 4.0% in early June, although down from 4.6% in May, it was still higher than any other time in the past decade.
  • Peripheral spread are trading tighter against the German 10yr, with Greece leading by 4.5bps.
  • Looking ahead, after market ratings:
  • Fitch on Spain (current rating: A-; Outlook Stable)
  • Moody's on Austria (current rating: Aa1; Outlook Stable) & the Netherlands (current rating: Aaa; Outlook Stable)
  • S&P on Slovenia (current rating: AA-; Outlook Stable)
  • DBRS Morningstar on Slovenia (current rating: A (high), Stable Trend)
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.