Free Trial

It has been a relatively quiet day......>

EGB SUMMARY
EGB SUMMARY: It has been a relatively quiet day for EGBs with moves in Bunds
again smaller than in USTs and gilts. The main driver again has been external
with a better than expected US employment report providing downside momentum
before some mixed headlines from Larry Kudlow on trade talks moved fixed income
back higher.
- Bund futures are down -0.05 today at 172.13 with 10y Bund yields up 0.4bp at
-0.292% and Schatz yields unch at -0.630%.
- BTP futures are up 0.30 today at 142.01 with 10y yields down -2.3bp at 1.347%
and 2y yields down -3.1bp at 0.053%.
- OAT futures are down -0.15 today at 164.02 with 10y yields up 0.7bp at 0.028%
and 2y yields down -0.1bp at -0.597%.
- Spreads are largely unch with some tightening of BTP and GGB spreads.

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.