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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessNew multi year high Yields
- New multi year highs in German Yields across the board as futures continues to fall ahead of the main event this week, the key ECB meeting.
- Italy is outperforming Germany, following a FT piece, on the ECB's plan to support vulnerable European debt markets.
- Many of the Governing council members are expected to support proposals to create a new bond buying program, to counter borrowing for states, such as Italy.
- BTP/Bund spread has tightened this morning, on the FT piece, after the spread traded at widest level since May 2020 on Friday.
- Gilt underperforms, as its catches up with the European price action, after the UK were closed last Thursday/Friday.
- Gilt/Bund spread is 2.5bps wider.
- Main news for the UK, is Boris Johnson facing a vote of no confidence, from 18.00BST.
- US Treasuries have dipped lower, once again led by Germany, but TYU2 is still short of Friday's low at 118.11+, printed a 118.15+ low so far today.
- Looking ahead, there's no data nor speakers of note for the start of the week.
- Focus remains on Govies and Yields.
To read the full story
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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.