EUROPEAN FIXED INCOME UPDATE: no-brainer for bond bears

Analysis details (11:07)

Yet another dead cat bounce for Bunds and their Eurozone peers post-dire German data and via a temporary pause to pour over ECB’s Panetta who does not see price expectations becoming unanchored. However, hawkish Fed remarks/guidance has overshadowed all else as the 10 year benchmark ducked under 157.00, periphery debt extended their underperformance, Gilts retested support/underlying bids ahead of 120.00 and the 10 year T-note fell further to 120-07+ at worst.

06 Apr 2022 - 11:07- Fixed IncomeResearch Sheet- Source: Newsquawk

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