ASIA-PAC FIXED INCOME UPDATE: Complex on a firmer footing as yields continue to trim recent upside
Analysis details (03:02)
10yr UST futures gave up the initial modest gains in early hours after Treasuries experienced pronounced steepening following some less hawkish Fed vibes, after WSJ's Timiraos telegraphed a smaller December hike, while Fed's Daly alluded to potential Fed intervention "different from QE". Bund futures were relatively contained but with an upside bias, but the corresponding cash yield remained above 2.40% for the 10yr. JGB futures are also on a firmer footing as the contracts take the lead from their western counterparts.
24 Oct 2022 - 03:02- Research Sheet- Source: Newsquawk
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