Free Trial

Volatile open - down around 80 ticks at writing

GILTS
  • Another volatile gilt open - we have already traded in a 91.56-92.43 range (almost 90 ticks wide). Today's intraday low approached Monday's low of 91.46 with the cycle low at 90.99.
  • We are now settled around 92.00 at writing - around 80 ticks off of yesterday's close.
  • Yields are up 6-7bp across most of the curve.
  • 2y yields up 5.9bp today at 4.255%, 5y yields up 6.0bp at 4.600%, 10y yields up 6.6bp at 4.500% and 30y yields up 7.1bp at 4.858%.- 2s10s up 0.8bp today at 24.6bp and 10s30s up 0.5bp at 35.8bp.

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.