US NOV FLASH MANUF PMI 48.8 (FCST: 48.9); OCT 48.5

MNI:Largest Canada New Home Price Dip Since `09 Led By Toronto

CANADIAN OCT FLASH RETAIL SALES +0.7%, 4TH STRAIGHT INCREASE

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

Sideways Trading

GILT SUMMARY

Gilts have traded sideways through most of the session and are holding below yesterday's closing levels.

  • Cash yields are 1-2bp higher on the day with the curve close to flat overall. Last yields: 2-year 0.0583%, 5-year 0.3392%, 10-year 0.7694%, 30-year 1.2957%.
  • The Jun-21 gilt future trades at 128.39, near the bottom end of the day's range (L: 128.32 / H 128.59).
  • The short sterling futures strip has steepened with greens/blues 1.5-2.5 ticks higher.
  • The DMO placed GBP6bn of the new 1.25% Jul-51 gilt via syndication with book size north of GBP69bn.
  • The BoE purchased GBP1.48bn of long-dated gilts with offer-to-cover ratio of 1.89x.
  • The CBI Retailing Reported Sales updated for April came in stronger than expected (20 vs 10 survey).
Homepagemarkets-real-timeBulletMarketsFixed Income 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.