EUROPEAN FIXED INCOME UPDATE: debt reset after retracement
Analysis details (10:39)
Bonds are bid again amidst a swathe of Central Bank commentary from the BoE in testimony and the Riksbank Governor in follow-up to the hawkish half point hike. Bunds just nudged a new high for the day at 136.94 having suffered a post-German inflation release hic(cu)p, Gilts have rebounded from a slightly softer 105.14 Liffe low and the T-note has edged up to 113-23 vs its 113-13 midweek session close and the 113-13+ overnight base. Ahead, US jobless claims for a more up to date snapshot of the labour market after Friday’s blowout payrolls gain, more ECB speakers and the last leg of Treasury refunding in the form of Usd 21 bn 30 year supply.
09 Feb 2023 - 10:39- Fixed IncomeResearch Sheet- Source: Newsquawk
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