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Off Lows Pre-Greene

GILTS

Gilt futures trade 20 ticks off the base of their 59-tick session range heading into comments from BoE’s Greene, with local data, fiscal discussions and political issues continuing to dominate. Gilt yields are 1.5-3.0bp lower, with 10s outperforming on the curve.

  • SONIA futures are flat to +4.5 through the blues, while BoE-dated OIS shows ~77bp of cuts through ’24, close to the middle of that particular marker’s session range.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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