MNI: PBOC Net Drains CNY98 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1305 Thurs; -0.79% Y/Y

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1305 THURS VS 7.1312

MNI NBP WATCH: Rates Held As 2024 Outlook Remains Hawkish

MNI BRIEF: ADP's Richardson Sees Pockets of Weakness in US Job Market

Australia May Exports +2.8%; Imports +3.9%

MNI:AUSTRALIA MAY TRADE BALANCE A$+5773

US Treasury Auction Calendar

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

No End In Sight For Vaccine Fallout

GILT SUMMARY

The gilt sell off peaked by late morning, with yields inching lower in the afternoon.

  • Cash gilts are still offered with yields 1-3bp higher on the day and the curve bear steepening. Last yields: 2-year 0.0475%, 5-year 0.3238%, 10-year 0.7508%, 30-year 1.2762%.
  • The Jun 21 gilt future trades at 128.47, near the top end of the day's range (L: 128.17 / H: 128.56)
  • Further fueling uncertainty over the UK's vaccination programme and increasing bilateral tensions, French Foreign Minister Jean-Yves Le Drian has warned that the EU will not be 'blackmailed' into exporting vaccines and claimed that the UK will struggle to source second jabs.
  • Following a highly publicised battle over allegations that SNP leader Nicola Sturgeon mislead parliament, former Scottish First Minister Alex Salmond has launched a competing pro-independence party to contest the Scottish elections in May.
Homepagemarkets-real-timeBulletMarketsFixed 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.