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Rally Extends, Bulls Eye 100.00 In Futures, Look To Close Early Feb 10-Year Yield Gap

GILTS

Gilts rally on the back of the ECB decision and U.S. data.

  • Futures trade as high as 99.88, with bulls now looking to 100.00.
  • UK 10-Year yields move below 3.95% for the first time since early February, 3.945% last. Bulls will want to close the Feb 5 opening gap by forcing the benchmark to 3.918%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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