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Brent Drifts Lower From Recent Range High


Bunds open a little lower


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Asia Fades The Steepening


The curve has ground flatter in Asia-Pac hours, with regional participants seemingly more than happy to fade the post-FOMC steepening. The 2-/30-Year yield spread has now unwound all of its post-minutes steepening as a result. Yields sit 0.4-3.2bp richer across the curve. T-Notes supported, last +0-03+ at 139-15+, with e-minis heavy.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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