UK sells GBP 3.75bln 4.125% 2031 Gilt: b/c 3.94x (prev. 3.50x), average yield 4.001% (prev. 3.980%), tail 0.2bps (prev. 0.2bps)
The UK’s successful sale of GBP 3.75 billion in 4.125% 2031 gilts with a bid-to-cover ratio increasing to 3.94x from 3.50x indicates strong demand in the market.
Israeli PM Netanyahu says he will present to US President Trump the principles for negotiating with Iran which are important for everyone who wants peace, not just Israel alone
Nomura now sees one more cut (prev. three cuts) by the Norges Bank
UK sells GBP 3.75bln 4.125% 2031 Gilt: b/c 3.94x (prev. 3.50x), average yield 4.001% (prev. 3.980%), tail 0.2bps (prev. 0.2bps)
[MARKET ANALYSIS] European bourses are mostly firmer, though the FTSE 100 underperforms, dragged by BP
Bank of China (3988 HK) is to increase margin requirements for gold deferred contracts, effective from the 11th of February
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 marginal rise in average yield to 4.001% suggests a slight increase in required return for investors, reflecting ongoing concerns around inflation or rate expectations. Overall, the stability in the tail indicates that the auction was well-received, but the higher yield could signal a need for investors to reassess their positioning in light of potential monetary policy adjustments.
Related headlines
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat1 hour ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources6 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike1 hour ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation1 hour ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress2 hours ago
- Japan sells JPY 456.2bln 30-yr JGBs; b/c 3.79x (prev. 3.86x), average yield 4.079% (prev. 3.952%)11 hours ago
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms59 min ago
- [CALENDAR ADDITION] BoE's Pill to give remarks at the Edinburgh Chamber of Commerce at 16:00BST/11:00EDT; guided to a text release2 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee3 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed6 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday6 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks7 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased11 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement6 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low7 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets8 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output9 hours ago
- ECB's Schnabel could leave her role at the ECB before her term ends to move to the IMF, Handelsblatt reports4 hours ago
- [MARKET UPDATE] Gradual strength in the crude complex has put pressure on the fixed income space, with US equity futures also moving a touch lower; action which lacks a clear driver4 hours ago
- France sells EUR 13.497bln vs exp. EUR 11.5-13.5bln 1.25% 2036, 3.70% 2036, 0.50% 2040 and 4.10% 2046 OAT5 hours ago
The whole workspace, free to try.
Try it free