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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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Free AccessOff Best Levels But Still Firmer On Day
A lack of willingness to push for a test of 4.00% in 10-Year gilt yields on the part of bulls and no real willingness to push BoE pricing too far beyond 75bp of cuts during ’24 capped the London morning rally.
- That was before the North American data-inspired bid seen elsewhere fed in.
- Gilt futures haven’t managed to challenge best levels and last show +62 at 97.92, 10 ticks off best levels of the day.
- Meaningful technical parameters in the contract remain unchanged.
- Cash gilt yields are 5.0-7.5bp lower as the curve bull steepens.
- 2s10s and 5s30 both operate within respective existing Feb ranges.
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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.