Free Trial

Irish agriculture minister Michael.....>

GILT SUMMARY
GILT SUMMARY: Irish agriculture minister Michael Creed has argued that the UK
Withdrawal Agreement is fixed and that Ireland will not accept a time limit on
the Irish backstop. 
- Irish republican party Sinn Fein has warned that a border poll on Irish unity
must follow in the event of no-deal, echoing similar remarks in recent days on
the prospect of a fresh debate on Irish unification. 
- The Sep-19 gilt future trades at 132.64, up 0 ticks from Tuesday's close and
14 ticks off the day's low; L-H: 132.5-132.82.
- Gilts trade mixed with yields trading in a 2bp range. Cash yields (Last / 1d
chg / L..H): 2Y (0.4338% / -0.5bp / 0.433%...0.4466%); 5Y (0.4031% / -0.6bp /
0.4017%...0.4155%); 10Y (0.6347% / +0.2bp / 0.6333%...0.6474%); 30Y (1.3737% /
+2bp / 1.3728%...1.3843%).
- The curve has steepened: 2s10s (19bp / 0.8bp / 17.8bp..19.1bp); 2s30s (93bp /
2.6bp / 90.2bp..93bp).
- Short sterling futures have broadly rallied with greens outperforming: W
(flat/-0.5 ticks); R (+ 0.5/1.0 ticks); G (+ 1.0/1.5 ticks); B (+ 1.0 tick)

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.