EUROPEAN FIXED INCOME UPDATE: bonds mixed in light and lacklustre trade

Analysis details (10:34)

UK debt continues to nudge higher and BTPs are perky, but bears are back in control elsewhere and curves have reverted to a steeper trajectory. Gilts just climbed to 92.20 for a 29 tick advance on the day compared to 33 tick loss earlier on Liffe, while Bunds are towards the base of their 131.41-130.97 Eurex range and the T-note is sub-par between 109-22 peak and 109-09 trough. Ahead, only Canadian new house prices on an otherwise blank PM docket.

21 Aug 2023 - 10:34- Research Sheet- Source: Newsquawk

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