Fixed and FX latest: bonds still falling and Buck climbing
Analysis details (13:41)
Headline Philly Fed disappointment, but some better sub-components to compensate and yet another unexpected decline in initial claims to lows not seen since January with added importance given that this week feeds into September payrolls. Hence, more downside for debt futures as Bunds decline to 129.15, Gilts to 95.17 and the T-note 108-08+, while the Dollar has rebounded further with the DXY up to 105.740 at best and marginally eclipsing a peak from early March. Next up, SARB, US existing home sales, Eurozone flash consumer confidence and ECB President Lagarde.
21 Sep 2023 - 13:41- Fixed IncomeResearch Sheet- Source: Newsquawk
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