Free Trial

- US TSYs have been well bid this......>

BOND SUMMARY
BOND SUMMARY: - US TSYs have been well bid this morning with yields pushing
lower across the curve. The long-end has outperformed slightly and caused the
curve to flatten. The 10-year yield trades at 2.645% from a high of 2.678% while
2s10s has traded down to 15.7bps from 17.4bps.
- The Mar 19 JGB future trades at 152.72 near the top of the day's range.
- The short-end of the German bund curve has lacked direction, while the
longer-end has rallied. The 10-year has outperformed the curve the yield down
1.2bp on the day.
- The French OAT curve has steepened slightly with the 2s30s spread widening to
209.8bps from 207.9bps.
- Trading in Italian BTPs has been fairly erratic albeit with yields broadly
drifting higher. The 3-year has been the biggest mover of the day with the yield
trading at 1.156% up from a low of 1.085%.
- The long-end of the gilt curve has rallied with 2s10s and 2s30s 2-3bps
flatter.
- Euro$ futures are down 0.5-2.0 ticks with reds underperforming. 

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.