Free Trial
UK DATA

Retail sales due at 7:00BST

SCHATZ TECHS

(U2) Trims Losses into Close

EUROZONE ISSUANCE

EGB Supply For W/C July 18, 2022

BOBL TECHS

(U2) Bounces Off Low

EUROZONE T-BILL ISSUANCE

W/C July 18, 2022

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
GILT SUMMARY
GILT SUMMARY: The UK government has hinted that a third vote on PM Theresa May's
withdrawal agreement will likely take place next week.
- Under-Secretary of State for Exiting the EU, Kwasi Kwarteng, has indicated
that if parliament is required to find a way forward to breach the Brexit
impasse, MPs would likely be given free votes.
- The gilt rally has intensified through the afternoon with yields now 3-5bp
lower on the day. Current yield levels: 2-year 0.654%, 5-year 0.781%, 10-year
1.017%, 30-year 1.499%. The very long-end of the curve has flattened with 2s30s
narrowing to 83.6bp from a high of 86.5bp.
- The Jun-19 gilt future trades at 129.12 near the highs of the day.
- Short sterling futures are 1.0-4.0 ticks higher, extending yesterday's rally. 

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.