May 13, 2024 10:41 GMT
Bond futures are ticking higher
BONDS
- EGBs and Treasuries are ticking higher, nothing fast, just one tick at a time, Bund and OAT are leading, while Gilt and BTP lag somewhat.
- US Tnotes, like its European counterpart still trades in a very tight range, in way below average volumes on both sides of the Pond.
- TYM4 printed a 109.03+ high on Thursday and Friday, but better resistance will be seen at 109.09+.
- For Bund, as noted on the open, resistance moves up to 131.40, followed 131.87, with the latter holding last week.
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