EUROPEAN FIXED INCOME UPDATE: bonds back down to earth with a bump
Analysis details (10:55)
It may be too early to call, and debt could yet benefit from some month, quarter and Japanese fiscal half year end buying, but Wednesday’s recovery effort appears rather forlorn as things stand, if not quite futile. Indeed, Bunds are back under 137.00 within a 138.49-136.49 range after recent downside extension alongside Gilts that slipped beneath 95.00 to 94.92 from an early Liffe peak just above parity, at 97.25, while the T-note remains hemmed to the bottom of its 111-20+/112-21 overnight parameters in advance of a packed pm agenda comprising national German CPI, US jobless claims and another throng of Central Bank speakers, plus the second BoE debt buyback.
29 Sep 2022 - 10:55- Fixed IncomeData- Source: Newsquawk
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