Free Trial

Making new highs

BONDS
  • Govies are taking a leg higher as the US comes in catch up with the early European moves.
  • Decent buying orders going through in Treasuries and EGB.
  • EU and US Equities break through new session low.
  • Resistance in Bund comes at 0.85% = 155.11.
  • Looking at BTP, it has broken trendline, and looking at yield for the contract, the next support is at 2.683%, equates to 131.41.

Chart source: MNI/Bloomberg

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.