Free Trial

Round trip for core FI

BONDS
  • Core fixed income started the European session on the back foot but quickly recovered its losses and is now a little higher than Friday's close, although moves are generally limited to a couple of basis points.
  • Today will see the BoE's first medium-dated (7-20 year) active gilt sales operations in what is a heavy week for both gilt and EGB issuance in general.
  • In terms of today's speakers we have heard from both ECB's Lagarde and Panetta this morning at an EC/ECB conference on the digital euro. Later we will hear from the Fed's Mester and Collins on women in economics and after the US close we will hear from Barkin as he takes part in a "Demystifying Inflation" event aimed at the general public.
  • TY1 futures are up 0-2 today at 110-03+ with 10y UST yields down -2.3bp at 4.137% and 2y yields up 2.0bp at 4.680%.
  • Bund futures are up 0.26 today at 136.98 with 10y Bund yields down -1.8bp at 2.274% and Schatz yields up 0.8bp at 2.128%.
  • Gilt futures are up 0.05 today at 101.46 with 10y yields down -0.2bp at 3.530% and 2y yields down -1.5bp at 3.007%.

To read the full story

Close

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.