Free Trial

UK and US vs Germany

BONDS
  • Bund underperforms against the Gilt, as the street re-price a more aggressive rate path for Europe.
  • Gilt/Bund spread sits 7.6bps tighter on the session.
  • Next support comes at the May's and the 2022 low, 79.03bps.
  • Below the latter, opens to the 2021 low at 75.69bps.
  • Tnotes/Bund spread is 6.1bps tighter, and support will be seen at the June and 2022 low 161.14, now at 166.7bps.

Chart source: MNI/Bloomberg

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.