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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.
GILTS
UK yields are surging across the curve to close out cash trading for the week, with bear steepening.
- Multiple catalysts at play: A combination of buying the rumour and selling the fact on the Gov't U-Turn / hawkish US Data / the end of BoE emergency purchases.
- 2Y yields up 17bp in the last 20 minutes and 41.5bp from the session low (last 3.926%); 30Y up 25bp the last 20 minutes and 56bp from the low, as chart below shows (last 4.782%).
UK 30Y Yield %Source: BBG
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.
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