ASIA-PAC FIXED INCOME UPDATE: T-note futures take a breather following recent gains, while focus turns to US Retail Sales and Fed Chair Powell
USTs: - 0.5 ticks
- Takes a breather after the prior day's advances which were facilitated by recent comments from Treasury officials but with the upside restricted overnight ahead of several Fed speakers including Powell and with US supply also scheduled later.
Bunds: +25 ticks
- Rebounded from the prior day's trough and reverted to above the 131.00 level although gains are capped as EUR 2.5bln of Bund issuances loom.
JGBs: +40 ticks
- Recouped this week's lost ground and retested the 141.00 level to the upside amid the cautious risk appetite despite the stronger-than-expected machinery orders.
16 Apr 2025 - 04:15- Fixed IncomeAsian Research- Source: Newsquawk
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