EUROPEAN FIXED INCOME UPDATE: bond bears back to the fore
Analysis details (11:14)
There may well be several more twists and turns before the dust settles, but for now sellers in debt markets have regained the upper hand amidst a pre-weekend rebound in risk appetite, with Bunds slipping to a new intraday Eurex low alongside Gilts on Liffe and US Treasuries in electronic trade. However, the retreat has been more measured, controlled and contained thus far as the 10 year benchmarks hover towards the bottom of 153.83-19, 118.88-40 and 119-27+/119-16+ respective ranges. Looking ahead, a relatively sparse and Eurozone-centric pm agenda comprises more from the ECB via Centeno, Lane and de Cos flanking flash consumer confidence.
20 May 2022 - 11:13- Fixed IncomeResearch Sheet- Source: newsquawk
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