MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Bonds limit upside in EGBs and Gilt

BONDS
  • US Treasuries kept Europe under pressure during the European morning session, but EGBs and Bund are off the low as the US starts to join the session.
  • Volumes remain subdued, with focus already turning to the US CPI and ECB next week.
  • Investors pricing risk of more aggressive rate hike path from the Fed, had Treasuries and short end Eurodollar under pressure, which had led EGBs.
  • Peripheral spreads are all wider, with Italy leading by 3.4bps.
  • Gilts have traded inline with Bund, which translate to a flat Gilt/Bund spread for the session.
  • Looking ahead, there are no tier 1 of market moving data, attention is already turning to the US CPI and the ECB next week.
  • Remaining speakers are ECB Panetta, Stournaras, Maklouf and Herodotou.
  • Most of the focus today, will be on French Election polls, with many expected to hit throughout the day, no set times, but it's the last day polls can be published
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.