Free Trial

BONDS: Light Pressure As U.S. Equities & Crude Tick Higher

BONDS

Upticks in U.S. equities and crude oil futures apply some light pressure to core global FI markets.

  • Existing session lows in TY futures hold on the first test, while bears continue to struggle to force a meaningful break of yesterday’s low in Bund futures (lows of 132.88 vs. yesterday’s low of 132.90).
  • Gilts in the middle of their session range.
  • Bunds hold wider vs. both gilts and Tsys, aided by the hawkish repricing seen in EUR STIRs.
  • German ASW spreads little changed to a touch tighter on the day.
85 words

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.

Upticks in U.S. equities and crude oil futures apply some light pressure to core global FI markets.

  • Existing session lows in TY futures hold on the first test, while bears continue to struggle to force a meaningful break of yesterday’s low in Bund futures (lows of 132.88 vs. yesterday’s low of 132.90).
  • Gilts in the middle of their session range.
  • Bunds hold wider vs. both gilts and Tsys, aided by the hawkish repricing seen in EUR STIRs.
  • German ASW spreads little changed to a touch tighter on the day.