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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 AccessPeter Chatwell and Antoine Bouvet write.......>
BUNDS: Peter Chatwell and Antoine Bouvet write that "The technical backdrop to
the 30Y Aug48 Bund auction today is positive in our view as this will be the
first tap of this issue and will take its outstanding to only EUR 3bn. In
addition, repo levels suggest a short base which should boost demand at the
sale. We find it difficult to justify the current Aug46-Aug48 roll level even
adjusting for convexity. We attribute current valuation to the scarcity of Aug48
which should subside over time and result in a steepening of the roll"
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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.