EUROPEAN FIXED INCOME UPDATE: bonds relatively becalmed, all things equal

Analysis details (10:46)

Debt futures have been choppy in the aftermath of a risk-off APAC session and with some follow-through from the FOMC minutes that featured a hawkish line, but in the context of recent sessions price action has been somewhat restrained. Bunds, Gilts and the T-note all remain in negative territory between 130.89-40, 92.00-91.61 and 109.20+/109-05+ respective bounds, though inside current w-t-d ranges awaiting the next major market-mover or catalyst that could come via jobless claims alongside the Philly Fed, even though US data has not been that pivotal of late in terms of direction from a fundamental standpoint.

17 Aug 2023 - 10:46- Research Sheet- Source: Newsquawk