MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Schatz the biggest movers again

BONDS
  • Schatz are the biggest movers in core FI space again with yields up 4.6bp, with the Euribor strip under pressure this morning - up to 8.5 ticks lower. No real data drivers again - more continued momentum from the past few days amid focus on ECB expectations (71bp now priced for October and a terminal rate of 2.75% by June 2023).
  • The German curve has bear flattened with 10y Bund yields closer to flat on the day.
  • Treasuries following Bunds (to some extent albeit with smaller moves). Michigan confidence data along with the inflation expectations component is the highlight for the remainder of the day.
  • Gilt yields are a little lower - but with the curve bull flattening through 10-year yields moving lower as the terminal rate moves lower following this morning's disappointing retail sales data.
  • TY1 futures are down -0-0+ today at 114-15+ with 10y UST yields up 0.8bp at 3.459% and 2y yields up 3.1bp at 3.898%.
  • Bund futures are down -0.48 today at 142.74 with 10y Bund yields up 0.3bp at 1.769% and Schatz yields up 4.6bp at 1.566%.
  • Gilt futures are down -0.07 today at 105.26 with 10y yields down -1.3bp at 3.149% and 2y yields down -0.5bp at 3.098%.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.