EUROPEAN FIXED INCOME UPDATE: bond bears brace for CPIs, CBs and PMIs
Analysis details (10:56)
Bunds and Gilts have managed to contain losses through round numbers, thus far, but remain depressed within 130.24-129.97 and 95.23-94.97 respective ranges and prone to more selling into upticks rather than dip buying it seems. Meanwhile, the T-note is towards the base of its 109-09/16 overnight confines without cash-backing due to Japan’s market holiday and likely more wary of the big events to come later in the weak compared to Monday’s agenda that only houses the latest NAHB survey after second tier Canadian data.
18 Sep 2023 - 10:56- Research Sheet- Source: Newsquawk
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