ASIA-PAC FIXED INCOME UPDATE: Fixed income hold post-ECB gains and look to the BoJ

Analysis details (02:47)

10yr UST futures maintained the gains from the rally seen in wake of the dovish ECB and mixed US economic data, whilst the US 7yr auction was weak. Bund futures held onto their post-ECB gains, although experienced some modest downticks following source reports that the ECB did not mean to imply slowing rate hikes with its “progress” remarks.  10yr JGB futures opened modestly firmer as they played catch-up to western counterparts, but with price action limited ahead of the BoJ.

28 Oct 2022 - 02:47- Fixed IncomeResearch Sheet- Source: Newsquawk