Free Trial
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.
UK
The short-end UK selloff is not letting up as we approach the cash close. 2Y yields are up 5bp in the past hour (now up 13bp on the day at 5.075%, pushing the aforementioned 2s10s spread below -60bp) with peak BoE rate hike pricing up 4+bp in the past hour and a half.
- BoE terminal Bank Rate pricing is +10bp today to 5.96% (146bp of further hikes left in the cycle to a peak in Feb/Mar 2024). Thursday's implied hike pricing sits at 29bp.
Source: MNI, BBG
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok