June 11, 2024 12:33 GMT
Above average Volumes in EGBs
BONDS
- Volumes in EGBs are way above averages, with Bund surpassing Yesterday's full day Volume so far at this time of the day.
- The contract is back into the 130.00 handle, ahead of the small resistance seen at 130.29 initially.
- French OAT traded 397k lots Yesterday, and we already stand at just over 372k lots traded so far.
- The 65.00bps high level in OAT/Bund still provide some resistance, as OAT recovers 42 ticks off its earlier printed low.
- Latest round of flows, sees Bund, Bobl and Schatz all lifted in over 7k cumulative volumes.
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