EUROPEAN FIXED INCOME UPDATE: German supply snapped up
Analysis details (10:47)
Bunds are regaining a firmer grasp of the 143.00 handle between 143.76-142.83 parameters following results of Germany’s 2044 tap that were even stronger than envisaged given an enticing outright and comparative price for the relatively small offering that also represented the last chance for investors to buy long-dated debt before the new 30 year benchmark is launched. Meanwhile, Gilts and the 10 year T-note have also bounced from deeper intraday lows within 105.47-104.64 and 115-02+/114-21+ respective ranges in consolidative trade ahead of US PPI, and remarks from ECB’s Lane in advance of the data.
14 Sep 2022 - 10:47- Research Sheet- Source: Newsquawk
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