EUROPEAN FIXED INCOME UPDATE: debt retrenchment and some divergence
Analysis details (10:16)
Bonds have regained quite a bit of poise in comparative calm at the end of a very frenetic week, albeit still seeing whipsaw moves and extending intraday ranges. Bunds are back below par having recovered from a 135.76 low and filling the opening Eurex gap on the way to peaking at 136.68, Gilts fell just 8 ticks short of parity when touching 105.00 from a 104.31 Liffe low and the T-note is afloat within a 114-21/01+ range as overall risk wanes ahead of US ip data and preliminary Michigan sentiment.
17 Mar 2023 - 10:16- Research Sheet- Source: Newsquawk
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