EUROPEAN FIXED INCOME UPDATE: Gilt edged or enhanced bond revival

Analysis details (10:46)

UK debt resumed Liffe on the front foot and was encouraged by a rebound in EGBs to some extent, but the ensuing price action has been largely driven by domestic factors ranging from data to survey developments feeding into dovish or less hawkish BoE policy expectations. Gilts recently topped out at 94.44 for an 81 tick gain on the day vs 36 ticks for Bunds at 130.87 and 7/32 in the T-note at 109-29. Moreover, bonds have benefited from a round of short covering following Wednesday’s post-US ISM relapse as attention turns to the latest IJC release and a host of global Central Bank speeches. 

07 Sep 2023 - 10:46- Fixed IncomeResearch Sheet- Source: Newsquawk

Fixed IncomeCentral BankGiltsUnited KingdomGerman BondsT-NoteShort SqueezeInstitute for Supply ManagementDoveHawkBOEEuropeFederal ReserveHighlightedResearch SheetEU SessionAsian SessionUnited StatesGermanyData

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