Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

The Riksbank has become the first......>

BOND SUMMARY
BOND SUMMARY: The Riksbank has become the first central bank to move away from
negative interest rates following its decision to raise the repo rate by 25bp.
The repo rate is expected to remain at 0% over the coming years. The Norges Bank
left the policy rate unchanged at 1.5%. Focus now shifts to the BoE decision at
1200GMT.
- News of US President Donald Trump's impeachment is more headline grabbing than
market-moving.
- USTs have traded weaker with cash yields up 1-2bp.
- Gilts have similarly sold off with the 10-year benchmark underperforming.
- Core EGB curves have bear steepened. 
- Germany 2s30s is now 3bp wider on the day. Current yield levels: 2-year
-0.642%, 5-year -0.509%, 10-year -0.222%, 30-year 0.297%.
- Selling pressure has been stronger at the longer end of the OAT curve.
- BTPs have been the big mover in Europe with yields 4-7bp higher. 

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.