ASIA-PAC FIXED INCOME UPDATE: T-note futures find some composure after recent whipsawing
USTs: +6 ticks
- Rebounded from the prior day's trough following the recent whipsawing and curve flattening after President Trump softened his tone on Powell but continued to call for lower rates.
Bunds: +18 ticks
- Regained some composure after declining yesterday alongside the heightened risk appetite, while participants look ahead to German Ifo data.
JGBs: -10 ticks
- Clawed back the majority of opening losses albeit with demand constrained by firmer Services PPI data and as a 2yr JGB auction looms.
24 Apr 2025 - 04:13- ForexAsian Research- Source: Newsquawk
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