CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

/MNI Europe Pi (Positioning Indicator):.......>

BONDS
BONDS: /MNI Europe Pi (Positioning Indicator): Very Long BTP, Very Short Bund:
There has been surprisingly little change in structural positioning across
EGB/Gilt futures contracts since our last biweekly update, despite a broad-based
increase in open interest (BTPs being the exception).
- GERMANY: Very little change in German structural positioning: the most notable
is for Bobl which has turned short from flat previously. Schatz positioning
remains long, and Bund and Buxl remain very short. All four German contracts saw
a 2-4% increase in OI since Jun 22, and all saw shorts set last week.
- OAT: Positioning has been pared to back to merely long (previously 'very
long'), with longs reduced last week.
- GILTS: Positioning remains short, where it has been for most of the past
month. Shorts were set last week.
- BTP: Positioning has been moving longer since late April, and is now very long
(vs merely 'long' previously). Despite a slight dip in open interest since Jun
22, further longs were set last week.
- See email to subscribers or contact us at sales@marketnews.com for access.
MarketsFixed Income Bullets
MarketsFixed 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.