Free Trial
JGB TECHS

(M2) Trend Condition Remains Bearish

AUSSIE BONDS

Stagflation Worry Drives Futures Flatter

US TSYS

Stagflation Worry Remains In The Air

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Bonds and tech gains

CROSS ASSET
  • Bund has now retraced to the Friday/Monday gap at 169.90, which it closed on Monday, printing a 169.92 high, testing now.
  • Dovish ECB Lagarde, some short covering,. and OTC desk defending the 0% yield level have all been supporting factors.
  • Volumes have also been on the very low side, which has helped exacerbate the move somewhat.
  • The Globe is quickly turning its attention to the FOMC on the 26th.
  • Next upside resistance in Bund is at 170.08.
  • US TYH2 is seen at 127.30
  • Nasdaq has now gained 1.33%, but from its session low
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.