US DATA: KC Fed Manufacturing Shows Weaker Employment, Higher Inflation

Feb-27 16:22

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The Kansas City Fed's composite index of regional manufacturing activity was unchanged in February a...

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BTP: Spread To Bund Widens On Meloni Embezzlement Headlines

Jan-28 16:15

Headlines crossing from Reuters on Italian PM Meloni. Our Political Risk team are looking for further details:

  • "ITALY'S PRIME MINISTER MELONI: UNDER INVESTIGATION FOR EMBEZZLEMENT" RTRS
    "ITALY'S PRIME MINSITER MELONI: JUSTICE MINISTER AND OTHER GOVT OFFICIALS UNDER INVESTIGATION"
    "ITALY PM MELONI: INVESTIGATION RELATED TO THE CASE OF REPATRIATED LIBYAN POLICE OFFICER"

Some widening in the 10-year BTP/Bund spread following those headlines. Spread now back at 108bps (vs 107bps this morning). BTP futures have fallen some 15 ticks, now back at 119.00 at typing (-6 ticks today).

FED: US TSY 2Y FRN AUCTION: NON-COMP BIDS $29 MLN FROM $30.000 BLN TOTAL

Jan-28 16:15
  • US TSY 2Y FRN AUCTION: NON-COMP BIDS $29 MLN FROM $30.000 BLN TOTAL

FED: US TSY 42D AUCTION: NON-COMP BIDS $313 MLN FROM $85.000 BLN TOTAL

Jan-28 16:15
  • US TSY 42D AUCTION: NON-COMP BIDS $313 MLN FROM $85.000 BLN TOTAL