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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.
GILTS
- Gilt is just off the lows, initial support target in terms of technical is at 121.93 Low Jan 19 and the bear trigger
- But since UK yield trades at multi year high, with the 2yr testing an 11yr high at 1% earlier.
- The 10yr tested a 1.301% high on the 19th Jan, which was also the highest print since the 4th March 2019.
- This level today, (reference 122.24), would equate to 122.00.
- Next upside resistance in yield comes at 1.351%, and this would equate to 121.55 in futures.
Chart source: Bloomberg
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.
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