MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Italian Yield stays above the 2023 high.

BUNDS
  • A small upside opening gap for Bund, looking to close it now on the cash open, printed a 128.81 low.
  • Although the contract is off Yesterday's low, we are still trading around the 2.80% mark in Yield.
  • Small support will be at the 128.79 gap, but next area will be circa 128.41, which equated to 2.85% in Yield.
  • Resistance are at 129.30, ahead of 129.62.
  • Most notable flows yesterday were in the BTP, with the 2nd largest traded volume for the December expiry by just 2k lots, as the 10yr Yield breached the 2023 high that was at 4.73%, printed a 4.747% high.
  • There's no tier 1 data out of Europe, and focus on the other side of the Pond will be on the US prelim Durable goods.
  • SUPPLY: UK 50yr (equates to 6.8k Gilt) won't impact Gilt. Germany EU4bn Bund (32.6k Bund) could weigh. US sells $49bn of 5yr notes and $24bn of 2y FRN, only the 5yr will impact Treasuries.
  • SPEAKERS: Fed Kashkari, but unlikely to learn anything new.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.