UK gilts follow Bunds lower on Greek bailout fears

Thu Feb 11, 2010 3:32am EST

 LONDON, Feb 11 (Reuters) - British gilt futures fell on
Thursday, reversing Wednesday's post-Inflation Report gains and
following Bunds lower amid fears that richer European Union
countries may help Greece through its fiscal difficulties.
 
 * March gilt future down 34 ticks at 115.38 versus 30 tick
fall on Bund; technical support and resistance seen at 115.28
and 115.94
 * Ten-year gilt yield up 4 bps to 3.96 percent vs 1 bp rise
in 10-year Bund after Inflation Report rally seen overdone
 * Construction orders and home repossessions data due at
0930 GMT
 * UK Debt Management Office sells 900 mln stg of 1.875 pct
2022 linker, results due 1030 GMT
--------------------- KEY MARKET DATA---------------------------
Long Gilt futures  <0#FLG:>  Gilt benchmark chain <0#GBBMK=>
Short Stg futures  <0#FSS:>  Cash market quotes   <GB/GILT1>
Deposit rates      DM=     Sterling cross rates GBPX1=
UK debt speedguide <GB/DEBT> Econ. indicator polls<ECI/GB>
--------------------KEY MARKET REPORTS--------------------------
Gilts              [GB/]     Sterling             [GBP/]
Euro Debt          [GVD/EUR] Dollar               [USD/]
U.S. Treasuries    [US/]     Debt reports         [DBT]
-------------------- GILT STRIPS DATA --------------------------
Gilt strips data  <GB/STRIPS1>   All gilt strips <0#GBSTRIP=>
Gilt strips IO    <0#GBSTRIPIO=> Gilt strips PO  <0#GBSTRIPPO=>
A list of all the strippable British gilts       <0#GBSTRIPTSY=>
--------------------- FOR MORE NEWS ----------------------------
Top British news   [TOP/UK]      World news       [GLANCE/G]
UK diary           [GB/DIARY]    Press reviews    [PRESS]
New from Reuters   [INFO]
Useful Speedguides REUTERS <PHONE/HELP> <USER/HELP>


Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.