Swaps - GBP

GBP Swaps: Gilts trim gains as GSIBs' CDS come back

Gilts pared gains from mid-morning as bank CDS came in from early wides, after pressure on a range of GSIB names began to ease.

GBP Swaps: Dovish hike helps to bull-steepen

A brace of dovish rate hikes helped gilts to forget yesterday's bad CPI and look instead to the possibility that today's could be the last.

GBP Swaps: Inflation pop hits SONIAs, flattens curve

An unexpected rise in inflation ahead of Thursday's BOE decision whacked SONIAs and flattened the curve as the market re-priced a 25bps hike.

GBP Swaps: Supply flies; Rothesay’s busy pipe

Wrong as it may sound, but the gilt market was again a model of restraint, while a 2053 auction was snapped up. Rothesay eyes boomtime. Supply talk.

GBP Swaps: Boring, boring sterling; PIC on buyouts, LDI; ...

Another quiet day saw 10y gilt yields trapped in a 19bps range. One senior trader eyes cross-market disparities. PIC looks at buyouts and LDI.

GBP Swaps: Rally; NatWest trade ideas for the BOE

CS and FRC headlines helped global bond markets extend rallies today. NatWest looks at BOE trade ideas for these new market conditions.

GBP Swaps: ECB tempers bullish spirits; B/Es steady; Dovi...

Gilts rallied into the ECB then sold off, tracking USTs all the way as they ended the day with almost-normal-looking price changes. HSBC stays dovish.

UK DMO's Stheeman on T-bills, market volatility and gilt ...

UK DMO CEO Sir Robert Stheeman discusses T-bills, market volatility and the division of gilt issuance with Total Derivatives.

UK DMO remit: More gilts as DMO trims bill issuance

The DMO's remit announced slightly more gilts than expected, mainly due to conservative plans for bills and NS&I. Still, the split was as expected.

GBP Swaps: Futures lead sell-off; Rare linker; Remit talk

A busy second session in this most wild week saw futures lead a reversal of the risk-on move and Severn Trent pop up with a rare linker. Remit talk.