Free Trial

Waiting for gilts

SONIA
  • SONIA futures are a little lower this morning - but not huge moves - following Governor Bailey's comments last night that purchases would end this week and that funds had 3 days to effectively get their house in order.
  • These comments caused big moves in other markets (including equities) and SONIA futures may be waiting to see the opening reaction in the gilt market.
  • We also saw poor UK activity data this morning which isn't helping sentiment surrounding UK assets.

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.