EUROPEAN FIXED INCOME UPDATE: bond bears clearly back in the driving seat
Analysis details (10:45)
Turnaround Tuesdays have become quite a familiar if not common phenomenon, but debt futures have witnessed a delayed version this week as Bunds and Gilts make complete round trips and more from Thanksgiving peaks to intraday troughs. Indeed, the core Eurozone bond has been just a single tick above 141.00 and its UK counterpart not much higher than further from 107.00, at 107.15 after spiking from 141.20 and 107.64 respectively on Thursday to reach 142.60 and 108.92, and the sharp recoil is also eating into US Treasury catch-up or corrective gains in advance of a shortened Friday session across the Atlantic.
25 Nov 2022 - 10:45- Research Sheet- Source: Newsquawk
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