EUROPEAN FIXED INCOME UPDATE: bonds remain mixed, but a bit less weak
Analysis details (10:22)
A spirited recovery rally in UK debt as the heat dissipated from UK inflation data and not before slipping to a very marginal new Liffe low between 103.53-104.24 parameters, while Bunds continue to find support via the 2.35% level in yield and Treasuries are still holding near parity as the clock ticks down to the FOMC. However, supply could well be an issue as Germany gets ready to offer Eur 5 bn 10 year bonds and the DMO sells Gbp 3.5bln 2027 conventional Gilts at the later time slot of 11.30GMT.
22 Mar 2023 - 10:22- Research Sheet- Source: Newsquawk
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