February 07, 2025 09:04 GMT
BONDS: A full reversal off the lows for Bund and Tnotes
BONDS
- A full reversal in Bund and now Tnotes, both contracts are edging back to their respective highs, no surprises in seeing mostly a two way wide range price action, with focus squarely on the US NFP today.
- Volumes are slightly better in the US, following some decent block trades and also cumulative volumes, but they are quite poor in Europe.
- Bund and TYH5 still trade within initial tech levels.
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