The UK sells GBP 5bln 4.00% 2029 Gilt: b/c 3.42x (prev. 3.35x), average yield 4.463% (prev. 4.238%), tail 0.3bps (prev. 0.2bps)
The UK’s recent gilt auction indicates strong demand, with a bid-to-cover ratio of 3.42x, slightly up from the previous auction.
Samsung Electronics (005930 KS) has reportedly begun construction of the Hybrid Bonding mass-production line at Pyeongtaek P5, according to Korean press citing sources
US Senator Mark Warner (Dem) will introduce a comprehensive AI legislative framework on Tuesday, Axios reports
The UK sells GBP 5bln 4.00% 2029 Gilt: b/c 3.42x (prev. 3.35x), average yield 4.463% (prev. 4.238%), tail 0.3bps (prev. 0.2bps)
US FAA seeks to accelerate the market introduction of next-gen air taxis and supersonic jets
EU ZEW Economic Sentiment Index (Jul) 23.4 vs. Exp. 11.5 (Prev. 9.5)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
However, the average yield of 4.463% represents a notable increase from the last auction, suggesting rising borrowing costs. This shift could reflect market concerns over inflation or a change in expectations regarding the Bank of England's rate path, impacting broader rates and risk sentiment.
Related headlines
- BoE's Taylor judges that, for now, holding at a "moderately restrictive level" provides insurance. However, the conflict subsiding, energy moderating and underlying disinflation continuing would see the case for easing becoming stronger13 hours ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 11 hours ago
- BoE Governor Bailey says the labour market is softening and the hiring rate has declined12 hours ago
- BoE Governor Bailey says "I do not think we are not on the verge of a recession", adds that latest data is looking a bit stronger12 hours ago
- BoE's Ramsden says the increased frequency of supply shocks may lead to a ratcheting-up of prices12 hours ago
- BoE's Greene says that the length of time oil prices has been high for, worries her, in relation to potential second round effects13 hours ago
- BoE Governor Bailey says the US Iran war has led to high energy prices and they could be still be higher13 hours ago
- US sells USD 58bln of 3-year notes; stop-through 0.1bps 9 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)1 hour ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)2 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging2 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 6 hours ago
- Newsquawk European Market Wrap - 8th September 202612 hours ago
- US EQUITY OPEN: US indices open in the red amid downbeat risk tone after Labor Day holiday12 hours ago
- [WATCH LIVE] BoE TSC on the August Monetary Policy Report13 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks3 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies6 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective11 hours ago
- Russia's Kremlin says US President Trump and Russian President Putin spoke on the phone; conversation was open and constructive and lasted one hour.12 hours ago
- Corning (GLW) has entered into a fibre deal with Verizon (VZ) for the building of AI connectivity, CNBC reports13 hours ago
The whole workspace, free to try.
Try it free