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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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Free AccessThe bond market's reaction to..........>
BOND SUMMARY: The bond market's reaction to yesterday's Fed minutes, and the
official beginning of US-China bilateral trade tariffs, has been fairly muted.
- 10Yr Sep8 futures are largely flat, with JGBs up 2 ticks at 150.99, and Bunds
off 3 ticks at 162.67, the latter on the backfoot amid good production data.
- Sep8 Gilts off 8 ticks at 123.26, with the Cabinet meeting on Brexit eyed.
- 10Yr UST yields up 0.4bps at 2.833%. June payrolls in focus later; MNI's
Washington team notes that recent history suggests upside risks to analysts'
+195k projection for the headline figure (contact us for further details).
- Fairly limited action in rates futures strips ahead of payrolls as well.
Eurodollar contracts are up 1-1.5 ticks across the strip, whereas Short Sterling
is off a tick. Euribor is almost completely flat.
- Eurozone periphery bond spreads are a little tighter following yesterday
afternoon's sell-off. Portugal and Spain 10s are each in about 1bps to Bunds at
149.4bps and 101.9bps respectively.
- Italian BTPs the outperformer after underperforming yesterday, 2s spread to
Bunds narrower by 9.6bps (140.4bps) and 10s in 4.9bps (237.9bps).
To read the full story
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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.