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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.
RUSSIA
- Local & USD rates open a fraction firmer this morning, maintaining yesterday’s positive momentum through CPI data which printed higher in y/y headline CPI at 8.4%, but marked a smaller rise in weekly CPI at 0.07% vs 0.45% prior.
- The OFZ curve bull steepened slightly in yesterday’s session with 2-3Y yields falling -3-4bp, while the rest of the curve dipped -1-2bp.
- W/w, however, yields stand +10-20bp higher across the breadth of the curve with weakness concentrated in 8-10Y tenors.
OFZ Curve w/w
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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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