Free Trial

Testing Yesterday's low

GILTS
  • UK Gilt has dipped back in the red, nothing fast nor big, still only trading in a tight 22 ticks, with low volumes across Global Govies so far this week.
  • Nonetheless, the contract look to break Yesterday's low of 99.65, but desks will be looking for better support at 99.20, the August low.
  • On the 8th August, the 10yr Yield printed a 3.99% August high, and test towards this area will have Cash and Swap desks paying attention to the 4% Yield level next.

Today reference 99.68:

  • 4.00% = 99.16.

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.