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FOREX

AUD/CNY: Westpac: Yuan Fundamentals Remain Strong

GOLD

In The Recent Range

JGBS

2-Year JGB Supply Passes Smoothly

JGBS AUCTION

2-Year Auction Results

US TSYS

Off Asia Cheaps

Safe Haven favoured

GILT SUMMARY

Safe haven Gilts have been favoured this morning.

Lockdown concerns and vaccination logistics, have kept Bong better bid

Despite the bull flatter curve, UK 2yr yield pushed through all time record low at -0.165%.

FTSE early selling since the open.

Most likely some profit taking and some residual Month End left overs before we close for the year.

US Equities lower has helped somewhat, But we have since recovered in Equities.

Markets are now closed, and the MNI team would like to wish everyone a Happy New Year.

Gilt futures are up 0.29 today at 135.54

10y yields down -1.9bp at 0.192%

2y yields down -1.3bp at -0.171%.

MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com