MNI BRIEF: Foreign Firms Content In China

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI: PBOC Sets Yuan Parity Lower At 7.1270 Fri; -0.95% Y/Y

CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

Services Behind Slight Fall In July ISTAT Business Confidence

Unemployment Falls To 11.3% In Q2, Driven By Services

1 and 3-Year Consumer Inflation Expectations Remain Unchanged

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

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

Long End Still Lags Post-Auction, Second-Round bid Runs Out Of Steam

GILTS

A second-round bid came into Gilts after the previously covered auction-induced move away from best levels.

  • Futures went on to reach fresh session highs before pulling back again in more recent trade.
  • That leaves the contract +45, while the major cash benchmarks sit 1.0-3.5bp richer.
  • Intermediates lead and the longer end lags in the wake of this morning’s soft auction results.
  • SONIA futures sit flat to 4.5bp richer through the blues, with a light flattening impulse observed.
  • Local headline flow remains subdued, leaving participants to look to wider markets for cues, while the usual pre-event risk adjustments are also getting some airtime.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBank Of England (BOE) Market NewsBulletMarketsFixed Income Bullets
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBank Of England (BOE) Market NewsBulletMarketsFixed Income 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.