EUROPEAN FIXED INCOME UPDATE: EU bonds regroup, but USTs still under par
Analysis details (11:17)
It looks like Gilts found a floor or firmer base to launch a recovery rally at 115.70 given the ensuing rebound to fresh 116.18 Liffe intraday high, but Eurozone periphery debt is also perkier, BTPs in particular, after succumbing to more downside pressure than Bunds that remain below their earlier 151.85 Eurex best. However, US Treasuries have not reclaimed positive terrain ahead of a busy pm docket comprising more Fed speak after a typically hawkish Waller, data, surveys and the latest Beige Book.
01 Jun 2022 - 11:17- Fixed IncomeResearch Sheet- Source: Newsquawk
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