EUROPEAN FIXED INCOME UPDATE: debt reversal and divergence
Analysis details (10:53)
The sharp recoil in core EU bonds seems to have abated, but Bunds and Gilts sit far from best levels between 145.82-144.71 and 106.84-105.75 parameters as the clock ticks down to UK PM Truss providing details of her energy price freeze bill and then the ECB rate announcements followed by President Lagarde’s presser. Conversely, US Treasuries are treading water ahead of jobless claims and Fed chair Powell, albeit also off overnight peaks, with the 10 year T-note midway within a 116-03/116-16 range.
08 Sep 2022 - 10:53- Research Sheet- Source: Newsquawk
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